Question: You purchased two (2) call option contract, and one (1) put contract on CBC stock stock. Both the call and put has the same strike

You purchased two (2) call option contract, and one (1) put contract on CBC stock stock. Both the call and put has the same strike price of $25. Call option is priced at $1.20, and put option is priced at $0.50. What will be your total profit on these positions if the stock price is $28 on the day the options expire? (Note: one contract has 100 options.)

Group of answer choices

$310

$600

$10

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