What happens to the profitability of a short straddle as the market moves significantly away from the strike price? Option: "Losses increase, potentially becoming unlimited", "Profits remain constant", "Losses are capped at the net premium received", "Profits increase exponentially"

What happens to the profitability of a short straddle as the market moves significantly away from the strike price?

What is the primary risk associated with a short strangle option strategy?

What is the maximum potential profit achievable with a short straddle strategy?

What is the maximum potential loss in a long straddle strategy?

What is the maximum potential profit in a short strangle option strategy?

What is the maximum potential loss in a long strangle option strategy?