Discuss the gain or loss regarding the options, Financial Management

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Discuss the gain or loss regarding the options

An options trader believes that Akamai Technologies Inc. (AKAM) stock trading at $40 is going to rally soon and enters a bull call spread by buying a JUL 40 call for $300 and writing a JUL 45 call for $100. Assume that the stock price of Akamai closed at $38 on expiration date.

Discuss the gain or loss regarding the options trader.

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Financial Management: Discuss the gain or loss regarding the options

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Financial Management: Discuss the gain or loss regarding the options

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