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The common stock of the Holden Corporation has been trading in a narrow range around $55 per share for months, and you believe it is

The common stock of the Holden Corporation has been trading in a narrow range around $55 per share for months, and you believe it is going to stay in that range for the next 4 months. The price of a 4-month put option with an exercise price of $55 is $4, and a call with the same expiration date and exercise price sells for $5. Selling a straddle would generate premium income of ____.
A. $900
B. $500
C. $1800
D. $400

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