as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
new to options trading and need help understanding an options spread risk graph. what am i missing?
user
you haven't said why you think you will gain at $41, but the graph never lies. take it one piece at a time: at $41, your stock will lose a big chunk of value.  your short calls will expire.  your puts will gain a bit of value.  the stock's loss outweighs the option gains.
assistant