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10. Peach stock is priced at $50 per share. A call option with a strike price of $50 is priced at $3, and a put

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10. Peach stock is priced at $50 per share. A call option with a strike price of $50 is priced at $3, and a put option with the same strike price is also priced at $3. John Investor enters into a straddle by purchasing one of each option. Suppose the price of Peach stock is $68. What would the result of the position if the option was exercised? 10. Peach stock is priced at $50 per share. A call option with a strike price of $50 is priced at $3, and a put option with the same strike price is also priced at $3. John Investor enters into a straddle by purchasing one of each option. Suppose the price of Peach stock is $68. What would the result of the position if the option was exercised

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