Question: Question 3 (1 point) A put option on a share of XYZ Corp has a strike price of $82 and is currently trading for $5.

 Question 3 (1 point) A put option on a share of

Question 3 (1 point) A put option on a share of XYZ Corp has a strike price of $82 and is currently trading for $5. You purchased 15 put options. If the stock price at maturity is $76, what is your total profit? a) $9,000 b) $1,500 c) $3,000 d) - $16,500 Oe) -$1,500

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