In December, you believe that EASY Company, which is currently trading at $500 per share, will not increase or decrease much over the next month or two. You sell 10 EASY January 515 Calls for a premium of $3.50 and at the same time you buy 10 EASY January 520 Calls at a premium of $1.50. In addition, you sell 10 EASY January 485 Puts for a premium of $5.00 and at the same time you buy 10 EASY January 480 Puts for a premium of $2.25. Determine your gain or loss if

1. the stock price increase to $512 per share at expiration
2. the stock price decrease to $489 per share at expiration
3. the stock price increase to $540 per share at expiration
4. the stock price decrease to $470 per share at expiration
5. the stock price increase to $518 per share at expiration
6. the stock price decrease to $482 per share at expiration