A trader takes the following trading strategy on Tesla options (European options): long a call at strike price $400; long a call at strike price $500; short two calls at strike price $450.

A) What is the name of this option strategy? (1 mark)

B) Suppose at the maturity, the terminal stock price is ST. Construct a table that shows the payoff for each position and total payoff from this option strategy, in different terminal stock price (ST) scenarios. (4 marks)