Today you go long on 6 December contracts of lean hog futures, at a price of 60.1 cents per pound. One contract is for 40K pounds. One month later. December futures are trading at 44.5 cents per pound. If you close out your position at this time, what is your profit from this position? Question 3 10 pts You think the price of AMZN stock, which is currently $900 is likely to change significantly over the next three months, you are just not sure which direction. So you buy a long straddle position, with a call and put option, worth $27 and $22 per share, respectively, three months to expiration, and a strike price of $900. If at expiration AMZN is trading at $923, what is your net profit on this position? Remember that option contracts come in multiples of 100 shares