You believe that Franklin stock could be extremely volatile over the next three months and you decide to create a butterfly position with the call options shown in the table below.

Strike price	Premium
$20	$1.5
$25	$1.2
$30	$.80

Find your profit/loss if Franklin sells for $22 when the options expire.

A. 210

B. -210

C. 90

D. -90

E. None of the above

Find your profit/loss if Franklin sells for $29 when the options expire.