Question: Help ASAP please Assume that one put option contract allows you to sell 100 shares of the underlying stock. You purchase one Microsoft July $60
Help ASAP please 
Assume that one put option contract allows you to sell 100 shares of the underlying stock. You purchase one Microsoft July $60 put contract for a premium of $2.32. What is your maximum possible profit? What is your maximum loss? (Enter the loss as a negative number.) Maximum potential profit Maximum potential loss
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