2. (5 points) You wrote (sold) a Tesla put option with the exercise price (X1 = $45) at P1 =$4.10 and bought a Tesla put option with exercise price X2 = $50 at P2=$6.00. 1) (1 point) Complete the table of net payoffs (net profits). 2) (1 point) Plot net profits on a written put X1=45, a purchased put with X2=50, and total net payoffs in a graph. X-values: stock prices on the expiration date (ST) Y-values: net payoffs (there should be three series) . 3) (1 point) This type of option strategy is called 4) (1 point) Explain when/why this strategy might be attractive. 5) (1 point) What is the amount of initial investment in this strategy? Microsoft Office User: P1 (Put premium with X1=45) = $4.10 P2 (Put premium with X2=50) = $6.00 hulatext 2. Net payoff on a 3. Total net 1.Net payff on a purchased put payoff (1+2) written put X=45 X=50 3. Total net payoff (1+2) Exercise price (X) Put premium (P) 45 4.10 50 6.00 1) 1.Net payff on 2. Net payoff on a ST a written put purchased put X=50 X=45 0 30 35 40 45 50 60 70 2) 3) it's called a 4) Answer Formulatext 5) initial investment