A put is the option to sell stock at $52. It expires after three months and currently sells for $4 when the price of the stock is $53.

1. If an investor buys this put, what will the profit be after three months if the price of the stock is $58? $52? $46? Round your answers to the nearest dollar. Use a minus sign to enter loss values, if any. If the answer is zero, enter "0".

   Price of the stock	Profit on the position in the put
   $58	$
   $52	$
   $46	$

2. What will be the profit from selling this put after three months if the price of the stock is $58? $52? $46? Round your answers to the nearest dollar. Use a minus sign to enter loss values, if any. If the answer is zero, enter "0".

   Price of the stock	Profit on the position in the put
   $58	$
   $52	$
   $46	$