Use this info for the next problems C = $5 P = $2 X = $60 S = $60 6. If you speculate with a single straddle, what is your overall gain or loss if the stock goes to $30? 7. If you speculate with a single strap, what is your overall gain or loss if the stock goes to $80? 8. If you speculate with a single strip, what is your overall gain or loss if the stock goes to $30? 9. If you construct a covered call strategy to match a new 300 share stock position, what is your overall gain or loss if the stock goes to $30? 10. If you construct a protective put strategy to match a new 300 share stock position, what is your overall gain or loss if the stock goes to $30?