Question 7 (2.5 points) Consider a short straddle where: a Strike price = $1,034.44 (for both the call and the put) Call premium = $5.22 Put premium - $8.11 . What is the higher breakeven point? Please input your answer to the closest cent (hence, your answer must include two digits past the decimal). Please do not use commas or dollar signs. An Excel file can be accessed through clicking the following link: Trading Strategies(2).xlsx AJ Question 8 (Mandatory) (2.5 points) Which of the following positions has Delta close to one when deep-out-of-the- money? Long call Short call Long put Short put All of the above None of the above