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2. Assume you have purchased a December put option on Amazon stock. The strike price is $110 /share, and the option premium is S10/ share.

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2. Assume you have purchased a December put option on Amazon stock. The strike price is $110 /share, and the option premium is S10/ share. 2) Where is the break-even poiat? 3) Please draw a diagram to illustrate the payofr. Make sure you mark down the strike price, the break-evea point, and the moneyness (in the money, at the money, and out of the money) on the diagram

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