Question: Brian purchases 4 UTV May 35 Call @ 3 and 4 UTV May 35 Put @ 2. UTV falls to 19. What has Brian gained

Brian purchases 4 UTV May 35 Call @ 3 and 4 UTV May 35 Put @ 2. UTV falls to 19. What has Brian gained or lost?

He has lost $5,600.

He has lost $2,000.

He has gained $4,400.

He has gained $1,400.

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