You purchased one SPX call option with a strike of 1,500.You wrote one SPX call option with the same maturity date and a strike of 1,450.At maturity,what is your payoff if the S&P 500 is at 1,475?
A) -$2,500
B) -$250
C) $25
D) $250
E) $2,500
Correct Answer:
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