Question: Position Type Strike Premium Long2 Call 240 5.2 Short 1 Call 245 2.2 Given the following information, please depict the payoff pattern. Please estimate the

Position Type Strike Premium

Long2 Call 240 5.2

Short 1 Call 245 2.2

  1. Given the following information, please depict the payoff pattern.
  2. Please estimate the break-even point.
  3. What should be the maximum profit of the strategy?

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