Intro The stock price for Chevrolet is $35. An investor believes that the stock price will experience significant volatility in the following six months but is uncertain about the direction of the share price movements. He decides to use a long straddle strategy by buying both a put and a call option for Chevrolet, with the same expiration date in 6 months and the same strike price of $35. The investor paid a premium of $2.16 for the call option and a premium of $2.95 for the put option. Part 1 Attempt 2/5 for 10 pts. Suppose that on the expiration date of the options the stock price is $42. What is the profit of the strategy on this date? 2+ decimals Submit Part 2 Attempt 1/5 for 10 pts. Investor B believes that Chevrolet stock price will stay in a narrow range around $35 in the next 6 months. He decides to sell a straddle by selling both a put option and a call option for Chevrolet, with the same expiration date of 6 months and the same strike price of $35. Suppose that on the expiration date of the options the stock price is $32.01. What is the profit to investor B on this date? 2+ decimals Submit