Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Suppose that put options on a stock with strike prices $40 and $45 cost $3 and $6, respectively. How can the options be used to create a bull spread?