18. Currency Straddle Speculation A speculator has constructed a long euro straddle consisting of a euro call option with a premium of $0.02 per euro and a euro put option with a premium of $0.015 per euro. Both options have a strike price of $1.20 per euro and both are for 100,000 euros. Both have the same expiration date. Assume that the speculator will hold the options until expiration and will decide whether to exercise or not on the expiration date. If the spot rate of the euro on the expiration date is $1.11 per euro, what is the speculator's net profit from this speculation? Enter a negative number for a negative net profit and a positive number for a positive net profit. Round your final answer to the nearest dollar (whole number).