Payoff at expiry
Pick one position and watch its expiry profile across the underlying price ST. The dashed line is gross payoff; the solid line is profit after premium.
Try this:
Breakeven 55.00Max profit ∞Max loss −A$5Moneyness ITM
PREMIUM AT SPOT = 52
Intrinsic valueA$2
Time valueA$3
PremiumA$5