Draw a pay-off table and a diagram for each of the following strategies. Show maximum

profit, maximum loss, and breakeven point(s). Use the suitable tables provided below.

1. Long Straddle (10 marks)

Long ATM Call and ATM Put have the same underlying assetand same maturity. Long 11100 Call @ Rs. 287.75 and Long 11100 Put @ Rs. 273.3. Long Strangle

Long OTM Call and OTM Put havingthe same underlying asset and same maturity Long 11200 Call @ Rs. 238.75 and Long 11000 Put @ Rs. 233

1. Long Strangle (10 marks)

Long OTM Call and OTM Put having the same underlying asset and same maturity Long 11200 Call @ Rs. 238.75 and Long 11000 Put @ Rs. 233

1. Short Call Butterfly (10 marks)

Long ATM Call twice, Short ITM call, and Short OTM call

Long 11100 Call twice @ Rs. 287.75, Short 10800 Call @ Rs. 481.85, and Short 11400 Call @ Rs. 149.95

1. Short Put Butterfly (10 marks)

Short ATM Put twice,Long ITM Put, and Long OTM Put

Long 11100 Put twice @ Rs. 273.3,Short 10800 Put @ Rs. 174.15 and Short 11400 Put @ Rs. 421.45