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The following information is available on company ABC. CALLS PUTS ABC X MAR APR MAY MAR APR MAY 119 120 6 8 11 1 3

The following information is available on company ABC. CALLS PUTS ABC X MAR APR MAY MAR APR MAY 119 120 6 8 11 1 3 4 119 125 2 5 8 2 4 6 119 130 1 3 6 5 7 9 You create a (long) straddle using the May maturity and the strike price of $120. What are the breakeven stock prices at expiration for this straddle?

$100 and $125

$105 and $135

$95 and $115

$110 and $130

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