The following prices are available for call and put options on a stock priced at $50. The risk-free rate is 6 percent and the volatility is 0.35. The March options have 90 days remaining and the June options have 180 days remaining. The Black-Scholes model was used to obtain the prices.

	Calls		Puts
Strike	March	June	March	June
45	6.84	8.41	1.18	2.09
50	3.82	5.58	3.08	4.13
55	1.89	3.54	6.08	6.93

Assume that each transaction consists of one contract (for 100 shares) unless otherwise indicated. Suppose a Put is added to a Straddle. This overall transaction is called Strip. Determine the profit at expiration on a strip if the stock price at expiration is $36. Consider if we are constructing long straddle strategy using the June 50 option?

		A. $429
		B. $1,416
		C. $1,384
		D. -$129