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This is a chart of TSLA stock. Trader believes that the stock is forming a triangle, with a strong support around $405 and resistance around

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This is a chart of TSLA stock. Trader believes that the stock is forming a triangle, with a strong support around $405 and resistance around $435. Timewise, the trader believes that this triangle wont hold for much longer and within a few weeks, there will be either a significant move up (to near $500) or down (toward $300), with minor support / resistance around $370 / $450 accordingly. Trader creates the following portfolio:

Assume no dividends. Calculate the initial cash flow and the amount of interest it will accrue in 2 months with continuously compounded interest rate of 5%.

Draw the options portfolio PAYOFF and P&L diagrams. Calculate your total maximum exposure. What are the break-even points?

Long 20 Calls with K = 440

Short 10 Calls with K = 450

Long 10 Calls with K = 460

Short 20 Calls with K = 500

Long 30 Puts with K = 396

Short 20 Puts with K = 370

Long 20 Puts with K = 360

Short 20 Puts with K = 300

All Options have December 18th, 2020 expiration. Look at the provided Options Chain and use appropriate Bid-Ask prices to place the trades.

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Indicators Comparison Date Range 105D 1M 3M 6M YTD 1Y 2Y 5Y Max Interval 1D Candle Draw 500.00 TSLA 434.00 yahoofillance 450 00 1.434.00 Tesla, Inc. (TSLA) Nasdaqs - Nasdaq GS Real Time Price. Currency in USD 400.00 433.95 +8.03 (+1.89%) 350.00 At close: October 9 4:00PM EDT 300.00 25000 200.00 repengertian 150.00 di , y 100.00 + 50.00 Nov Dec 2020 Feb Mar Apr May Jun Jul Aug Sep Oct Calls for December 18, 2020 Implied Volatility Open Interest Contract Name Strike a Last Price Bid Ask Change % Change Volume TSLA201218C00420000 420.00 61.94 61.45 63.35 +0.89 +1.46% 69 1,652 74.79% TSLA201218C00425000 425.00 591.09 1,081.05 1,093.00 0.00 1 51 0.00% TSLA201218000430000 430.00 57.30 57.55 58.65 +0.50 +0.88% 169 877 75.20% TSLA201218C00435000 435.00 957.00 1,048.40 1,056.70 0.00 2 3 0.00% TSLA201218000440000 440.00 53.45 52.90 54.00 +0.40 +0.75% 167 2,602 74.77% TSLA201218C00450000 450.00 49.25 49.00 50.00 +0.05 +0.10% 366 2,058 74.90% TSLA201218000455000 455.00 315.75 0.00 0.00 0.00 1 2 3.13% TSLA201218C00460000 460.00 45.48 45.25 46.25 -0.57 -1.24% 75 952 74.95% Last Trade Date 2020-10-09 3:54PM EDT 2020-06-16 9:34AM EDT 2020-10-09 3:53PM EDT 2020-07-07 9:41 AM EDT 2020-10-09 3:58PM EDT 2020-10-09 3:55PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:58PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:50PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:53PM EDT 2020-07-09 5:06PM EDT 2020-10-09 2:53PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:57 PM EDT 2020-10-09 3:55PM EDT TSLA201218C00465000 465.00 152.32 0.00 0.00 0.00 1 1 3.13% TSLA201218C00470000 470.00 42.19 41.80 42.70 -0.45 -1.06% 52 1,199 75.01% TSLA201218000475000 475.00 490.44 0.00 0.00 0.00 1 1 3.13% TSLA201218000480000 480.00 38.80 38.40 39.50 -1.82 -4.48% 43 2,515 75.01% TSLA201218C00485000 485.00 134.67 0.00 0.00 0.00 1 1 6.25% TSLA201218000490000 490.00 35.44 35.35 36.05 -1.56 -4.22% 4 1,199 74.77% TSLA201218C00495000 495.00 326.49 0.00 0.00 0.00 8 11 6.25% TSLA201218C00500000 500.00 32.75 32.45 33.55 -0.97 -2.88% 312 13,832 74.98% TSLA201218C00510000 510.00 29.80 29.85 30.95 -3.02 -9.20% 37 688 75.05% Puts for December 18, 2020 Open Interest Contract Name Implied Volatility Last Trade Date Strike Last Price Bid Ask Change % Change Volume TSLA201218P00300000 2020-10-09 3:41PM EDT 300.00 8.45 8.20 8.65 -1.25 -12.89% 635 6.812 77.76% TSLA201218P00360000 2020-10-09 3:52PM EDT 360.00 22.71 22.20 22.85 -3.63 -13.78% 162 1,170 74.95% TSLA201218P00364000 2020-10-09 2:47PM EDT 364.00 24.65 23.60 24.25 -3.19 -11.46% 42 431 74.98% TSLA201218P00365000 2020-08-04 2:27PM EDT 365.00 5.10 2.50 9.80 0.00 1 19 48.72% TSLA201218P00368000 2020-10-09 2:03PM EDT 368.00 26.01 24.95 25.70 -2.93 -10.12% 22 566 74.91% TSLA201218P00370000 2020-10-09 3:48PM EDT 370.00 26.14 25.60 26.40 -3.84 -12.81% 27 1.144 74.81% TSLA201218P00372000 2020-10-09 3:48PM EDT 372.00 26.89 26.40 27.20 -2.51 -8.54% 16 368 74.89% TSLA201218P00375000 2020-08-27 1:02PM EDT 375.00 3.80 2.50 10.00 0.00 1 28 44.26% TSLA201218P00392000 2020-10-09 3:03PM EDT 392.00 35.60 34.55 35.35 -4.18 -10.51% 165 592 74.83% TSLA201218P00395000 2020-08-20 2:25PM EDT 395.00 4.28 1.50 4.50 0.00 1 146 24.37% TSLA201218P00396000 2020-10-09 2:59PM EDT 396.00 37.62 36.30 37.00 -2.62 -6.51% 33 228 74.71% Indicators Comparison Date Range 105D 1M 3M 6M YTD 1Y 2Y 5Y Max Interval 1D Candle Draw 500.00 TSLA 434.00 yahoofillance 450 00 1.434.00 Tesla, Inc. (TSLA) Nasdaqs - Nasdaq GS Real Time Price. Currency in USD 400.00 433.95 +8.03 (+1.89%) 350.00 At close: October 9 4:00PM EDT 300.00 25000 200.00 repengertian 150.00 di , y 100.00 + 50.00 Nov Dec 2020 Feb Mar Apr May Jun Jul Aug Sep Oct Calls for December 18, 2020 Implied Volatility Open Interest Contract Name Strike a Last Price Bid Ask Change % Change Volume TSLA201218C00420000 420.00 61.94 61.45 63.35 +0.89 +1.46% 69 1,652 74.79% TSLA201218C00425000 425.00 591.09 1,081.05 1,093.00 0.00 1 51 0.00% TSLA201218000430000 430.00 57.30 57.55 58.65 +0.50 +0.88% 169 877 75.20% TSLA201218C00435000 435.00 957.00 1,048.40 1,056.70 0.00 2 3 0.00% TSLA201218000440000 440.00 53.45 52.90 54.00 +0.40 +0.75% 167 2,602 74.77% TSLA201218C00450000 450.00 49.25 49.00 50.00 +0.05 +0.10% 366 2,058 74.90% TSLA201218000455000 455.00 315.75 0.00 0.00 0.00 1 2 3.13% TSLA201218C00460000 460.00 45.48 45.25 46.25 -0.57 -1.24% 75 952 74.95% Last Trade Date 2020-10-09 3:54PM EDT 2020-06-16 9:34AM EDT 2020-10-09 3:53PM EDT 2020-07-07 9:41 AM EDT 2020-10-09 3:58PM EDT 2020-10-09 3:55PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:58PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:50PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:53PM EDT 2020-07-09 5:06PM EDT 2020-10-09 2:53PM EDT 2020-07-09 5:06PM EDT 2020-10-09 3:57 PM EDT 2020-10-09 3:55PM EDT TSLA201218C00465000 465.00 152.32 0.00 0.00 0.00 1 1 3.13% TSLA201218C00470000 470.00 42.19 41.80 42.70 -0.45 -1.06% 52 1,199 75.01% TSLA201218000475000 475.00 490.44 0.00 0.00 0.00 1 1 3.13% TSLA201218000480000 480.00 38.80 38.40 39.50 -1.82 -4.48% 43 2,515 75.01% TSLA201218C00485000 485.00 134.67 0.00 0.00 0.00 1 1 6.25% TSLA201218000490000 490.00 35.44 35.35 36.05 -1.56 -4.22% 4 1,199 74.77% TSLA201218C00495000 495.00 326.49 0.00 0.00 0.00 8 11 6.25% TSLA201218C00500000 500.00 32.75 32.45 33.55 -0.97 -2.88% 312 13,832 74.98% TSLA201218C00510000 510.00 29.80 29.85 30.95 -3.02 -9.20% 37 688 75.05% Puts for December 18, 2020 Open Interest Contract Name Implied Volatility Last Trade Date Strike Last Price Bid Ask Change % Change Volume TSLA201218P00300000 2020-10-09 3:41PM EDT 300.00 8.45 8.20 8.65 -1.25 -12.89% 635 6.812 77.76% TSLA201218P00360000 2020-10-09 3:52PM EDT 360.00 22.71 22.20 22.85 -3.63 -13.78% 162 1,170 74.95% TSLA201218P00364000 2020-10-09 2:47PM EDT 364.00 24.65 23.60 24.25 -3.19 -11.46% 42 431 74.98% TSLA201218P00365000 2020-08-04 2:27PM EDT 365.00 5.10 2.50 9.80 0.00 1 19 48.72% TSLA201218P00368000 2020-10-09 2:03PM EDT 368.00 26.01 24.95 25.70 -2.93 -10.12% 22 566 74.91% TSLA201218P00370000 2020-10-09 3:48PM EDT 370.00 26.14 25.60 26.40 -3.84 -12.81% 27 1.144 74.81% TSLA201218P00372000 2020-10-09 3:48PM EDT 372.00 26.89 26.40 27.20 -2.51 -8.54% 16 368 74.89% TSLA201218P00375000 2020-08-27 1:02PM EDT 375.00 3.80 2.50 10.00 0.00 1 28 44.26% TSLA201218P00392000 2020-10-09 3:03PM EDT 392.00 35.60 34.55 35.35 -4.18 -10.51% 165 592 74.83% TSLA201218P00395000 2020-08-20 2:25PM EDT 395.00 4.28 1.50 4.50 0.00 1 146 24.37% TSLA201218P00396000 2020-10-09 2:59PM EDT 396.00 37.62 36.30 37.00 -2.62 -6.51% 33 228 74.71%

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