Since you believe that Bitcoins price currently at 45,000$ will stay rangebound until the end of the year, you decide to sell one 48,000$ straddle for 12,000$. On expiry unfortunately the market has risen and reached 55,000$ what is the outcome of this trade?

A gain of 2 000$

A gain of 5 000$

A loss of 2 000$

A loss of 1 000$

0 as I can get out of this trade if it starts loosing money