you are buying both call and put options. how much are the maximum losses per euro (for strangle)?

use the following info:

call option premium: $0.03/

put option premium: $0.02/

call strike price: $1.20/

put strike price: $1.10/

a) $0.03/

b) $0.08/

c) $0.02/

d) $0.05/