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-- Long 0 calls with strike price 137.0 -- Short 1 calls with strike price 137.0 -- Long 0 calls with strike price 149.5 -- Short 1 calls with strike...
-- Long 0 calls with strike price 137.0
-- Short 1 calls with strike price 137.0
-- Long 0 calls with strike price 149.5
-- Short 1 calls with strike price 149.5
Complete the following payoff table. What choice corresponds to the last row of the table?
position St<137 137 < St<149.5 St>149.5