3) Compute the initial inflow/outflow of money from the strategy, tabulate the payoff of each option involved in the strategy, in each of the relevant regions. Finally, draw the payoff diagram. What type of bet are you taking with each strategy? What are the break-even points? Strategy 1: Buy a TSLA put, strike $150@$6.00 Sell a TSLA put, strike $155 (a) $7.55 Sell a TSLA call, strike $170 (a) $7.70 Buy a TSLA call, strike $175 (a) $6.05 Net profit =$3.2 Strategy 2: Sell a TSLA put, strike $150 (a) $5.85 Buy a TSLA put, strike $155 (a) $7.70 Buy a TSLA call, strike $170 (a) $7.85 Sell a TSLA call, strike $175 (a) $5.90 Net cost =$3.8