Question: Construct a straddle purchase ( i . e . long straddle ) using the 1 7 0 strike options. Identify the break - even prices?

Construct a straddle purchase (i.e. long straddle) using the 170 strike options. Identify the break-even prices? The options on GE stock are trading at the following prices:
Strike Call Put
$170 $3.25 $7.50
Group of answer choices
$156.25 and 180.75
$156.25 and 195.62
$159.25 and 180.75
$159.25 and 195.62

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