Consider an investor who owns stock XYZ. The stock is currently trading at $120. The investor worries that the outlooks for the market and the stock are not favorable. The investor decides to protect his potential losses by using derivatives.

Assume the investor decided to purchase a European call option on stock ABC. Further assume that the current price of the stock is $130. The investor paid $10 for the call with the strike price at $155.

(A)If the stock price goes up to $160, what is the payoff to the investor?

(B) Further assumes that the investor also decided to sell a European put option on the same underlying with the same strike price of $155 and option cost of $10. What is the payoff to the investor when the stock price moves to $175? Which of the following combination of answers best capture the payoffs for situations described in A and B?