Question: Suppose you write 14 put option contracts with a ( $ 70 ) strike. The premium is ( $ 2.40 ). Evaluate your potential gains

Suppose you write 14 put option contracts with a \\( \\$ 70 \\) strike. The premium is \\( \\$ 2.40 \\). Evaluate your potential gains and losses at option expiration for stock prices of \\( \\$ 60, \\$ 70 \\), and \\( \\$ 80 \\). (Input all amounts as positive values.)
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