Lesson 02 - 02 Question and Answer

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2. Short Put Spread


Sell 1 — 240.00 PUT @ 4.10

Buy 1 — 225.00 PUT @ 1.10

A. Spread Price: 3.00 (credit)
B. Max profit: 3.00
C. Max loss: 12.00
D. Break even point: 237.00