Lesson 04 - 03 Question and Answer

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3. Long Put Ratio

Sell 1 — 5475 PUT @ 181.2

Buy 2 — 5425 PUTS @ 160.9


A. Spread Price: 140.6 (debit)
B. Max profit: unlimited*
C. Max loss: -190.6
D. Break even: 5234.4