You buy a straddle (a call and a put on the same underlying asset with the same exercise price and with the same time to expiration) XYZ whose exercise price on the call and put is $35. The premium on the call is $2.25 and the premium on the put is $8.00. Calculate the straddle's profit or loss if just prior to expiration XYZ's stock price is $10 per share.

$14.75

-2.25

$15.00

$17.00