Question: Three months ago, you purchased a put option contract on Swiss franc with a strike price of $.60/SF and an option price of $.0060 per

Three months ago, you purchased a put option contract on Swiss franc with a strike price of $.60/SF and an option price of $.0060 per SF. Contract size is 10,000 SF. The option expires today when the value of Swiss franc is $.625. Ignoring trading costs ano taxes, what is your total profit or loss on your investment? A) -$310 B) -$60 C) $0 D) $60 E) $190

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