$26. Each put option costs $1 there is a + sign before the blank (Example: 300 ). If you answer is zero, enter " 0 ". (b) Discuss the value of the portfolio with and without the European put options. The lower the stock price, the (3). There is a benefit from the put options to the overall portfolio for stock prices $ or $26. Each put option costs $1 there is a + sign before the blank (Example: 300 ). If you answer is zero, enter " 0 ". (b) Discuss the value of the portfolio with and without the European put options. The lower the stock price, the (3). There is a benefit from the put options to the overall portfolio for stock prices $ or