You Purchased a Stock for $36 a Share, a Call

Multiple Choice

You purchased a stock for $36 a share, a call option with an exercise price of $35 and a premium of $3, and a put option with an exercise price of $35 and a premium of $2. What will be your net profit if you close out all three positions when the stock is selling for $37 a share?

A) -$2
B) $3
C) -$1
D) $2