Question: Kim Leo went long 6 put option contracts on Eastern Imports stock at a strike price of $47.50. The option premium was $0,65. At expiration,

Kim Leo went long 6 put option contracts on Eastern Imports

Kim Leo went long 6 put option contracts on Eastern Imports stock at a strike price of $47.50. The option premium was $0,65. At expiration, the stock was valued at $45 a share. What is her percentage return? What is the breakeven stock price? What would the percentage gain or loss be if the stock price at expiration is $50/sh

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