Question 3 (5 marks) As an options trader, you constantly analyse the share market, looking for profitable opportunities. Currently you are unsure of the general equity market direction, but you anticipate very high volatility over the next few months. Shares in Baobab Limited trade at $30 and has the following six-month European options available: Strike price $25 $25 $30 $30 $35 $35 Option class Call Put Call Put Call Put Option premium $6.07 $0.09 $2.31 $1.14 $0.53 $4.16 Construct a long straddle combination from the options listed above. Construct a table showing the profit and loss from the strategy and indicate the straddle on a pay-off diagram, showing all the details of the straddle and the options included in the strategy including the maximum profit possible under this strategy