Several rumors concerning Nu-Tek stock are causing the market price of the stock to be quite volatile. Given this situation, you decide to buy both a one-month European $10 put and a one-month European $10 call on this stock. The call premium is $.35 and the put premium is $1.60. What will your net profit or loss be on these option positions if the stock price is $7 on the day the options expire? Ignore trading costs and taxes. A) $105 B) $35 C) $140 D) $175 E) $495