Question: Question 9 0/10 pts A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of

Question 9 0/10 pts A trader creates a long butterfly spread

Question 9 0/10 pts A trader creates a long butterfly spread from options with strike prices $60, $65, and $70 by trading a total of 4 options. The options are worth $11, $14, and $18. What is the lowest possible profit on the position (remember to subtract the cost of the option portfolio)? 5-3 $-4

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