Question: Using the data below, construct the series of potential Call butterfly spreads that are possible based on strike prices that are exactly $5 apart. Since

Using the data below, construct the series of potential Call butterfly spreads that are possible based on strike prices that are exactly $5 apart. Since these are American options, if you had to choose between these Call butterfly spreads, which would you choose to immediately implement by buying and exercising the options right away? What would be the total profit from immediately implementing your chosen spreads?

Calls Puts
Last Price Change Volume Strike Last Price Change Volume
41.6 0 1 50 0.05 0 -
25.5 0 33 70 0.37 -0.03 57
14.85 -0.9 2 75 0.73 0.02 64
10.88 0.33 1 80 1.38 -0.05 88
7.34 -0.2 1,213 85 2.55 0 1,324
4.25 -0.05 315 90 4.47 0.17 340
2.15 0 291 95 7.05 -0.6 1
0.95 0.03 1,345 100 11.05 -0.62 77

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