You establish a straddle on Walmart using September call and put options with a strike

price of $$57.$ The call premium is $$4\mathrm{.}60$ and the put premium is $$5\mathrm{.}35.$

a$.$ What is the most you can lose on this position?

b$.$ What will be your profit or loss if Walmart is selling for $$63$ in September?

c$.$ At what stock prices will you break even on the straddle?