2. [2 marks] Your professor, on the other hand, is certain that Apple (cur- rently at $400) will be worth $400 in 6 months. You vaguely recall from a Math 3510H lecture that a straddle is a portfolio consisting of a call option and put option bought at the same strike price K and same expiry (i.e., the payoff diagram looks like a V). Assuming that K = $400, which of the following strategies would you advise him to try? (All options with 6 month maturity and strike price K.) A. Go long on a straddle B. Go short on a straddle C. Go long on a straddle and long a European put D. Go short on a straddle and long a European call