You have taken a stock option position (on an individual company’s stock). If the stock price remains relatively stable, you will lose a fixed amount of money. But, as the stock's price increases or decreases by larger amounts you will eventually gain an increasing amount of money. What combinations of call or put options have you purchased or written? Briefly explain your answer. In addition, briefly explain why you would take this position (i.e., what are your expectations about this company?).