strike call put

asset value 40 35 6.13 0.44

interest rate 8% 40 2.78 1.99
91 45 0.97 5.08
25

Asset Outright Long Bull Ratio 20

Value Purchase 40-Call Spread Spread
20 -20.80582 -2.836 -1.84646 -0.85692 15
25 -15.80582 -2.836 -1.84646 -0.85692
30 -10.80582 -2.836 -1.84646 -0.85692 10
35 -5.805818 -2.836 -1.84646 -0.85692
40 -0.805818 -2.836 -1.84646 -0.85692 5
45 4.1941824 2.164 3.153537 4.14308
50 9.1941824 7.164 3.153537 -0.85692 Axis Title 0
20 25 30
55 14.194182 12.164 3.153537 -5.85692
60 19.194182 17.164 3.153537 -10.8569 -5

-10

-15

-20

-25
25

20

15

10

Outright Purchase
Long 40-Call
0
20 25 30 35 40 45 50 55 60 Bull Spread
Ratio Spread

-5

-10

-15

-20

-25