Suppose you buy a straddle by purchasing one Facebook $290 call option contract quoted at $5 and also purchasing one Facebook $280 put option contract quoted at $3.5, where $290 and $280 are the strike prices for the call and put options, respectively. The two options have the same expiration date. You must provide detailed calculation to receive credits. B) What is your largest loss from buying this straddle? (4 points)