2. A strangle was defined as a strategy of buying a put option with a strike price K1 and a call option with a strike price K2, where K1 < K2. Now we have a strategy that is identical to a strangle except that K1 > K2. What is the payoff of the strategy if K1 = 50, K2 =40 and the underlying stock price is $55 at the expiration date ? Please provide work + formulas