Question: Charlie Brown thinks the SF will decrease against the USD and buys a put option. The premium is $0.0060 and the strike price $0.5950. Each

Charlie Brown thinks the SF will decrease against the USD and buys a put option. The premium is $0.0060 and the strike price $0.5950. Each option contract has 62,500 SF. If the ending spot price is $0.5750, compute the net profit (or loss) for 2 contracts.

Round your answer to 2 decimal points. For a loss, enter the "-" sign first.

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