3) A call with a strike price of $35 costs $3. A put with the same strike price and expiration date costs $2. Construct a table that shows the profit from a straddle. For what range of stock prices would the straddle lead to a loss? 4) A call option with a strike price of $50 costs $2. A put option with a strike price of $45 costs $3. Explain how a strangle can be created from these two options. What is the pattern of profits from the strangle