08/07 Options Combinations

$Newmont (NEM.US)$ Trading Strategy ——NEM (Newman Mining), Bull Market Bullish Spread Combination

Buy Call on August 2 with a line option price of $44 and a royalty payment of $2.03;
Sell the Call on August 2 with a line price of $47 and a royalty of $0.8;
Maximum profit: $177;
Maximum loss: $123;
Earnings range: Share price above $45.23