Total Exposure Hedged with an ATMF Option $ 2,000,000 $ 1,000,000 $- $ (1,000,000) $ (2,000,000) 1.200 1.300 1.400 1.500 Spot at Expiration From the above graph, the Blue line is an underlying position. It represents British Pound Revenue for a corporation. What do the other lines represent? O A. Blue Line is the underlying position, the Red Dashed Line, is the purchase of an ATM put to protect the corporation in case British Pounds fall in value. The solid Green Line is the total position when you include the underlying position with the hedge. O B. Blue Line is the underlying position, Red Dashed Line, is the purchase of an OTM call. The Solid Green line is the total combined position and the strategy is know as a Straddle O C. Blue Line is the underlying position, Red Dashed Line, is the purchase of an ATM put, The Dark Solid Green line is the total combined position and the strategy is know as a Butterfly O D. Can not determine such things from a picture US Dollar Amount @ Expiration Total Exposure Hedged with an ATMF Option $ 2,000,000 $ 1,000,000 $- $ (1,000,000) $ (2,000,000) 1.200 1.300 1.400 1.500 Spot at Expiration From the above graph, the Blue line is an underlying position. It represents British Pound Revenue for a corporation. What do the other lines represent? O A. Blue Line is the underlying position, the Red Dashed Line, is the purchase of an ATM put to protect the corporation in case British Pounds fall in value. The solid Green Line is the total position when you include the underlying position with the hedge. O B. Blue Line is the underlying position, Red Dashed Line, is the purchase of an OTM call. The Solid Green line is the total combined position and the strategy is know as a Straddle O C. Blue Line is the underlying position, Red Dashed Line, is the purchase of an ATM put, The Dark Solid Green line is the total combined position and the strategy is know as a Butterfly O D. Can not determine such things from a picture US Dollar Amount @ Expiration