Question: ted? a 28. The following table shows data for the call bullspread series that can be created with the current month QQQQ call options. The
ted? a 28. The following table shows data for the call bullspread series that can be created with the current month QQQQ call options. The quotes for QQQQ are currently $30.26 bid and $30.27 asked. Which of the following call bullspreads would be a foolish investment? max Xiow/Xh cost profit max ret 19/20 106 -6 -5.66% 20/21 106 -6 -5.66% 21/22 104 -4 -3.85% 22/23 104 -4 -3.85% 23/24 101 -1 -0.99% 24/25 98 2 2.04% 25/26 96 4 4.17% 26/27 91 9 9.89% 27/28 85 15 17.65% 28/29 77 23 29.87% 29/30 63 37 58.73% 30/31 48 92.31% 31/32 36 64 177.78% 32/33 23 77 334.78% 33/34 13 87 669.23% 34/35 92 1150.00% 35/36 3 97 3233.33% 36/37 3 97 3233.33% 37/38 2 98 4900.00% wlon NASSO max ret SB 10.26 9.26 8.26 7.26 6.26 5.26 4.26 3.26 2.26 1.26 0.26 -0.74 -1.74 -2.74 -3.74 -4.74 -5.74 -6.74 -7.74 breakeven SB 10.20 9.20 8.22 7.22 6.25 5.28 4.30 3.35 2.41 1.49 0.63 -0.26 -1.10 -1.97 -2.87 -3.82 -4.77 -5.77 -6.76 52 00 m M N Nw00 W a. 23/24 b. 26/27 C. 36/37 d. 37/38
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