) You set up a Long Straddle on 100 shares of Pfizer using one $127 call @ $13.52 and one $127 put @ $11.39. At expiration Pfizer is trading at $122.22 When you set up the straddle you pay On this strategy the lower breakeven price is $ and the upper breakeven price is $ You hold the straddle to expiry so your profit (loss) is $