Reference the options chain for Caterpillar, Inc. (ticker: CAT) shown below. You plan to construct a long straddle using the $105 strike. You are only buying one of each respective option contract. Your upper BEP is _______ and your lower BEP is ____________. State your answer in contract-level terms. Your answer should be a dollar amount with two decimal places of accuracy. (Note on viewing table below: You may have to use a horizontal scrollbar to see all of the columns in the table below.)

CAT Option Chain
Month: Nov 2020
Calls							Puts
Last	Change	Bid	Ask	Volume	Open Int.	Strike	Last	Change	Bid	Ask	Volume	Open Int.
12.40	--	14.80	15.45	--	32	100.00	10.70	-0.27	10.55	10.90	12	426
11.75	--	12.05	12.65	--	154	105.00	13.00	-0.65	12.85	13.25	28	403
10.05	+0.74	9.75	10.10	10	211	110.00	15.54	--	15.50	15.95	--	308
7.70	+1.70	7.70	8.10	2	622	115.00	18.64	--	18.40	18.95	--	292

a) $130.90; $79.10

b) $117.65; $91.75

c) $129.90; $80.10

d) $117.05; $92.15