The market price of Wild Ride stock has been very volatile and you think this volatility will continue for a few weeks. Thus, you decide to purchase a 1-month call option contract with a strike price of $20 and an option price of $1.65. You also purchase a 1-month put option on the stock with a strike price of $20 and an option price of $.95. What will be your total profit or loss on all the transactions related to these option positions if the stock price is $15.40 on the day the options expire?

-$260

$200

$365

$105

$0