1. Your options trading strategy involves buying a European put with a strike price of t10 for 1:0.50 and a European call with a strike price of 125 for 10.75 and selling a European put with a strike price of b15 for t-1.25 and a European call with a strike price of 120 for 11.50. The expiry date and the underlying asset is identical for each of the four options. Draw the profit diagram for this strategy and indicate the maximum profit/loss levels and break-even price levels. Show the details of your intermediate calculations