The common stock of the Avalon Corporation has been trading in a narrow range of around $40 per share for months, and you believe it is going to move in the wild range for the next three months. The price of a three-month put option with an exercise price of $40 is $3 and a call with the same expiration date and exercise price sells for $6 How much is the profit of a long straddle strategy of the stock price increases to $547