Question: Suppose you write 16 put option contracts with a $80 strike. The premium is $3.87. Evaluate your potential gains and losses at option expiration for

 Suppose you write 16 put option contracts with a $80 strike.

Suppose you write 16 put option contracts with a $80 strike. The premium is $3.87. Evaluate your potential gains and losses at option expiration for stock prices of $70,$80. and $90. (Input all amounts as positlve values. Omlt the " \( \$ " \)quot; slgn In your response.)

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