Close Strike Price Expiration Calls Puts

Volume Last Volume Last

Hendreeks

$103100$ February $725\mathrm{.}20502\mathrm{.}40$

$103100$ March $418\mathrm{.}40294\mathrm{.}90$

$103100$ April $1610\mathrm{.}68106\mathrm{.}60$

$103100$ July $814\mathrm{.}30210\mathrm{.}10$

Suppose you buy $30$ March $100$ put option contracts. What is your maximum gain? On the expiration date, Hendreeks is selling for $$84\mathrm{.}60$ per share. How much is your options investment worth? What is your net gain? What is your terminal value?

Note: Do not round intermediate calculations.