Question: When you purchased a put option, the exercise price is $18 per share and the amount is 100 shares, if the market spot price is

When you purchased a put option, the exercise price is $18

When you purchased a put option, the exercise price is $18 per share and the amount is 100 shares, if the market spot price is $12 per share, what would be your total profit on this option, assuming no contract fees

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