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What is net profit about flx

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Reference no: EM132793773

Problem 1: You purchased one FLX call option with a strike of $150 (premium =$2.50). You wrote one FLX call option with the same maturity date and a strike of $145(premium = $1.75). At maturity, what is your net profit if FLX is at $147.5?

Reference no: EM132793773

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