A 90 day European put option for 100 shares of Southwest Airlines (LUV) is selling for $5 with a strike price of $60. What is the total profit/loss made on the put option strategy by the buyer of the put, if the price of the LUV at expiration is $63. (Only consider amounts directly associated with the put options strategy's profit/loss. Do not consider amounts external to the direct put option profit/loss such as selling the stock in the market)

A. $200 proft

B. $500 loss

C. $5 profit

D. $0 (neither profit nor loss)

E. $5 loss

F. $500 profit

G. $200 loss