See the payoff diagram below.

Use the following assets to replicate the payoff diagram.

$($i$)$ shares of stock

$($ii$)$ $$50-$strike calls

$($iii$)$ $$100-$strike puts

$($iv$)$ $$100-$strike calls

In this question, denote purchased quantities with a positive

number and written quantities with a negative number. You

may not use bonds.

number of shares of stock

number of $$50-$strike calls

number of $$100-$strike puts

number of $$100-$strike calls