The graph below shows a contingency graph for a long British pound straddle, in which a call option on pounds with an exercise price of $1.53 has a premium of $0.035 per unit, and a pound put option has a premium of $0.025 per unit. Explain why the speculator's net profit per unit is V-shaped. Net profit per unit $1.47 $1.47 $1.59 $1.53 Future spot rate -5.06