Graph and set the payoffs for each option an

Question

Problem

Consider an investment strategy in the option markets. You buy an European call (c₁) with an exercise price K₁ and, at the same time you sell another European call (c₂) with exercise price K₂, where K₂>K₁. Assume maturities of both options are the same. Graph and set the payoffs for each option and, the final payoff of your strategy. Analyze and discuss.