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You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $2.25 and the put premium

You sell one Huge-Packing August 50 call contract and sell one Huge-Packing August 50 put contract. The call premium is $2.25 and the put premium is $3.95. Your strategy will pay off only if the

stock price is __________ in August.

A.

between $43.80 and $56.20

B.

higher than $56.20

C.

either lower than $43.80 or higher than $56.20

D.

lower than $43,80

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