(2) Put option - I January 2022 (expiration date) put option on Apple stock with an exercise price (X) of 900 was selling on December 2, 2021, for 300 (premium : P) The option expires on January 15, 2022 - Current stock price of Apple S0=700 Q9: When St=1300 at time T, the payoff at T for the put option holder is When St=1300 at time T, the payoff at T for the put option writer is When St=1300 at time T, the net profits at T for the put option holder is When St=1300 at time T, the net profits at T for the put option writer is When St=400 at time T, the payoff at T for the put option holder is When St=400 at time T, the payoff at T for the put option writer is When St=400 at time T, the net profits at T for the put option holder is When St=400 at time T, the net profits at T for the put option holder is