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The market price of ZYX stock has been volatile and you expect that volatility to continue for a few weeks based on recent news.Due to

The market price of ZYX stock has been volatile and you expect that volatility to continue for a few weeks based on recent news.Due to this belief you decide to purchase calls and puts to manage your exposure.You purchase a one-month call option with a strike price of $25 and an option price of $1.10.You also purchase a one-month put option with a strike price of $25 and an option price of $0.40.What will be your total profit or loss on these option positions if the stock price is $28.0 on the day the options expire?

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