Question: Current price quote is $12. Try to form straddle using at the money options and calculate the dollar amount net profit/loss of your straddle when

Current price quote is $12. Try to form straddle using at the money options and calculate the dollar amount net profit/loss of your straddle when price becomes $12.3. Option Strike Premium Call 1 E1 = $12 c1 = $0.6 Call 2 E2 = $13 c2 = $0.1 Put 1 E1 = $12 p1 = $0.6 Put 2 E2 = $13 p2 = $1.5 O $1.2 $0.3 $0.3 O $0.9
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