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Show calculations please. USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM Refer to Exhibit 16.8. If you establish a long straddle using the options with

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Show calculations please.

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM Refer to Exhibit 16.8. If you establish a long straddle using the options with a 95 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101 11/16? a. $94.56 gain b. $81.25 loss c. $668.75 loss d. $175.00 loss

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