Question: Select between a Bull Call Spread or Bear Call Spread strategy based on your 1 year price target. Calculate the expected outcome in 1 year

Select between a Bull Call Spread or Bear Call Spread strategy based on your 1 year price target. Calculate the expected outcome in 1 year assuming the stock attains your 1 year price target. Use 100 contracts for your option quantities. Show all steps.

1 year price target= $153.54

Current Price= $207.48

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