Question on Bull Put Credit

C

captainbluff

Given the scenario below, I should receive
200.00 credit on my account. If PCU closes at 75.01 on expiration day, will I get to keep my full credit? Thanks!

PCU APR 2006 80 PUT @ 2.50

PCU APR 2006 75 PUT @ 0.50
 
you only get to keep the full credit if the underlying is above the upper strike.

At $75, you will loose $300.

the risk graph below can help you visualize your P/L.

<img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1440679">
 

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