XYZ Corp. Note the exercise for all of the below is Oct and the closing number is always 101-11/16

Calls= NYSE Price 85, Price 16-3/4

Calls= NYSE Price 90, Price 12

a.If you establish a long straddle using the options with an 85-exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101 11/16?

b.If you establish a long strap using the options with an 85-exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101 11/16?

c.If you establish a long strip using the options with an 85 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 101 11/16?