Q.2 . You establish a short straddle on ABC stock which is trading at $85. You have received following quotes on options (100 options per contract): EXPIRE STRIKE PRICE CALLS DEC 85 4.15 DEC 95 1.86 . PUTS DEC 85 5.42 DEC 95 10.45 What is your dollar gain or loss if at expiration ABC is trading at $90 or $70, respectively? (4 points)