11. The option position, its maximum loss and its maximum gain of the option position that has the following payoff diagram upon expiration is: 6 Profit ($) 4 2 Stock Price ($) 0 30 35 40 45 50 -2 -4 a A) A long call with a maximum gain of $37 and maximum loss of $3 B) A short call with a maximum gain of $37 and maximum loss of $3 C) A long put with a maximum gain of $37 and maximum loss of $3 D) A short put with a maximum gain of $37 and maximum loss of $3 E) None of the above a