17. Option Strategies (LO3, CFA5) You write a put with a strike price of \($60\) on stock that you have shorted at \($60\) (this is a “covered put”). What are the expiration date profits to this position for stock prices of \($50\), \($55\), \($60\), \($65\), and \($70\) if the put premium is $1.80?