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A put option has a premium of p(0)=$6 and X=$30. The stock price right now is S(0)=$25. Which of the following statement(s) could be wrong?

A put option has a premium of p(0)=$6 and X=$30. The stock price right now is S(0)=$25. Which of the following statement(s) could be wrong? Pick up ALL the wrong statements.

At expiration, the buyer of the put will not make a profit unless the stocks price goes below $30.

At expiration, the writer of the put will only experience a loss if the price of the stock exceeds $30

A protective put based on the stock and the put has a maximum possible loss of $-1

When the underlying price at expiration goes to $31, a protective put based on the stock and the put gets breakeven (i.e. no gain or loss)

DO NOT COPY FROM CHEGG I NEED A FULL EXPLANATION

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