Three put options on a stock have the same expiration date and strike prices of $55, $60, and $65. The market prices are $3, $5, and $8, respectively. Alice buys the $55 put, buys the $65 put and sells two of the $60 puts. For what range of stock prices would this trade lead to a loss?

		greater than $64 or less than $55.
		greater than $64 or less than $56.
		greater than $65 or less than $56.
		greater than $65 or less than $55.