Question: You write a call option with X = $50 and buy a call with X = $60. The options are on the same stock and

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 $4; the other sells for $10.

a. Draw the profit graph for this strategy with maximal gain or loss.

b. What is the break-even point for this strategy? show your work.

c. Is the investor bullish or bearish on the stock?

Need help with this please. Thank you!

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