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News has been coming out regularly over the last few weeks with regard to the Windsor Corporation. The abundance of informational items, reports, and analyses

News has been coming out regularly over the last few weeks with regard to the Windsor Corporation. The abundance of informational items, reports, and analyses have resulted in the market price of the stock going up and down quite dramatically. Given this situation, you decide to buy 100 one-month put options and 100 one-month call options on this stock, with an exercise price of $85. You purchased the call at a quoted price of $1.19 and the put at a price of $4.35. What will be your total profit or loss on these option positions if the stock price is $92 on the day the options expire? Contracts are for 100 shares.


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