Several rumors concerning Wyslow, Inc. stock have started circulating. These rumors

are causing the market price of the stock to be quite volatile. Given this situation, you

decide to buy both a one-month put and a call option on this stock with an exercise price of $15. You purchased the call at a quoted price of $.20 and the put at a price of $2.10. What will be your total profit or loss on these option positions if the stock price is $4 on the day the options expire?

a. -$230

b. $870

c. $890

d. $910

e. $1,310