question 9

please answer question 9

look at this chain again ..................................

Question 9 10 pts Look at this chain again. What is the net credit (debit) of an ATM bull call spread? (Remember that options are quoted in points per contract. Assume the contract is for 100 shares). Ignore transaction costs. Bid 5.95 5.23 4.53 3.89 3.27 2.69 Calls Ask 6.00 5.28 4.58 3.93 3.31 2.72 Delta .67 .63 .59 .55 .50 .45 Strike 280 281 282 283 284 285 Delta -.33 -.37 -.41 -.45 -.50 -.55 Puts Bid 2.03 2.31 2.61 2.96 3.34 3.76 2.06 2.35 2.65 3.00 3.38 3.80