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Todays price of Delta is $150 per share. You are neither bullish nor bearish about Delta, but you believe that the share price will not

Todays price of Delta is $150 per share. You are neither bullish nor bearish about Delta, but you believe that the share price will not move by a lot in the near future. To implement your view, you decide to sell a straddle with one month until maturity. An option dealer provides you quotes on one-month Delta options. For a call option with a strike of $150, the dealer quotes you a price of $4.32. For a put option with a strike of $150, the dealer quotes you a price of $4.32. The c.c. risk-free rate is zero. What is the profit to the short straddle if Delta trades at $200 per share in one month?

There are 2 breakevens, what is the high and what is the low? (There should be two answers, one for high and one for low)

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