Andy is a European option writer. Expecting a stock to appreciate from its current level of $1.50 to $1.55, he has written a put option with an exercise price of $1.51 and a premium of $0.02. If the stock price at the options maturity turns out to be $1.54, what is Andys profit or loss per unit (assuming the buyer of the option acts rationally)? a:$0.02.

b:-$0.02

c:$0.04

D:- $0.04