Multiple Choice. (10 marks). la. (2 marks) A stock price is currently $100. A short position in a strangle combination is created from call and put options with strike prices $100 and $120. Which of the following is true in terms of the payoff? A. The losses are the same for all values of the stock price between $120 and $160, B. The gain when the stock price is above $120 is greater than the gain when the stock price is below $100, C. The loss when the stock price is below $100 is greater than the loss when the stock price is above $120, D. The gain is the same for all values of the stock price between $100 and $120. E. None of the above. e was 2.Com