Question: what will be the payoff of bear spread created using Calls ?? the pic is the payoff of bear psreas created using puts de rading

what will be the payoff of bear spread created using Calls ??
the pic is the payoff of bear psreas created using puts
what will be the payoff of bear spread created using Calls ??the

de rading Strategies Involving Options Table 12.2 Payoff from a bear spread created with put options. Total Payoff from long put option short put option payof Stock price Payoff from range K2 -ST K2-ST Ki

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