Question: Question 14 (1 point) Twelve (12) put option contracts (each for 100 shares) are purchased at a price of $2.27 with a strike price of

Question 14 (1 point) Twelve (12) put option contracts (each for 100 shares) are purchased at a price of $2.27 with a strike price of $54.20. What is the maximum profit you could earn on these options? A) There is not enough information to answer. B) $67,764 C) $2,724 OD) -$2,724 E) $62,316

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