Question: You write a call option with x = $ 5 0 and buy a call with x = $ 6 0 . The options are

You write a call option with x=$50 and buy a call with x=$60. The options are on the same stock and have the same expiration date.
One of the calls sells for $3; the other sells for $9.
a. Draw the payoff graph for this strategy at the option expiration date.
b. Draw the profit graph for this strategy.
c. What is the break-even point for this strategy?
d. Are you bullish or bearish on the stock?
You write a call option with x=$50 and buy a call

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