You Hold a Straddle on a Stock That You Bought

Multiple Choice

You hold a straddle on a stock that you bought a month ago and that still has two months to expiry.Assume the options are European.An unexpected increase of $1 in the price of the stock

A) Will increase the value of your straddle.
B) Will decrease the value of your straddle.
C) Will have no effect on the value of your straddle.
D) Can increase,decrease,or leave unchanged the value of the straddle.