Consider the following long positions taken by a trader on euro. A three months long call option on euro with an exercise price of $1.50 and a premium of $0.15 per unit. A three months long put option on the euro with the same exercise price and a premium of $0.15 per unit. none of these answers Trader will gain if euro in three months will be at larger than $1.65 and $1.35. Trader will gain if euro in three months will be less than $1.20 and larger than $1.80. Trader will gain if euro in three months will be at less than $1.35 or more than $1.80. Trader will gain if euro in three months will be between $1.35 and $1.65