7. You think Tesla (TSLA) has had a strong quarter and will continue to be strong. TSLA currently trades at $1612.42 /share. You short a 3-month put on TSLA for $202.19 per share with a strike price of $1620.00. Assume a 3% interest rate per annum. (1 point) a) Draw a payoff and profit diagram of this position. Indicate your breakeven point. b) Under what circumstances will you make money? What is your maximum profit? 7. You think Tesla (TSLA) has had a strong quarter and will continue to be strong. TSLA currently trades at $1612.42 /share. You short a 3-month put on TSLA for $202.19 per share with a strike price of $1620.00. Assume a 3% interest rate per annum. (1 point) a) Draw a payoff and profit diagram of this position. Indicate your breakeven point. b) Under what circumstances will you make money? What is your maximum profit