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Your financial manager sells you on a portfolio of 3 option on your favorite stock: a long (bought) call option with strike price of $100,

Your financial manager sells you on a portfolio of 3 option on your favorite stock: a long (bought) call option with strike price of $100, a long (bought) put with a strike price of $110 and a short (sold) call at strike $120. The call (X=100) cost is 3.50 and the put is 5.50 and the call at X=120 is 1.50. if the stock price at expiration ends up at 105, your final profit will be:

a.$250

b.-$250

c.$750

d.-$750

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