GAME stock is currently trading at $50 per share. A call option on the stock with a strike price of $45 costs $10 and a put option with a strike price of $55 costs $10. You are an hedge fund that would like to take one position in the underlying asset and each of the options that has the payoff that is shown in the figure below. Note that you can take either long or short positions in each security. Demonstrate using a payoff-table that your strategy is correct.

15 ST 5 15 25 35/ 45 55 65 75 85 95 -15 Profit 45 -60 -75 -85