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Shake Shack is currently trading at $51. They have an earnings call upcoming. Create a long straddle profit and loss diagram for Shake Shack

 

Shake Shack is currently trading at $51. They have an earnings call upcoming. Create a long straddle profit and loss diagram for Shake Shack using the following options. A long call with a strike price of $55.00 that has a premium of $1.85 A long put with a strike price of $55.00 that has a premium of $5.60 Show the stock price from $1.00 to $100.00 counting by one dollar at a time.

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