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Suppose that you sell for $14 a call option with a strike price of $47, sell...

Suppose that you sell for $14 a call option with a strike price of $47, sell for $7 a call option with a strike price of $57, and buy for $9 each two call options with a strike price of $52. What is your minimum possible profit?

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Answer #1

What is your minimum possible profit

=call premium earned-call premium paid

=(14+7)-(9+9)

=21-18

=3

the above is answer..

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