An investor sells a credit put spread by selling a 50 put at $5 and buying a 45 put at $2. What is the maximum gain?

1. A$250
2. B$200
3. C$500
4. D$300✓ Correct answer

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• For a long straddle (buy call and put, same strike $40, total premium $7), the breakeven points at expiration are:
• A bull call spread strategy is designed to:
• An investor who purchases a call option expects the price of the underlying stock to:
• A long straddle is most profitable when: