Draw a thoroughly-labeled hockey stick diagram showing the profit or loss at option expiration

on a long position in the BA 350 put.

Below is a chart showing the calls and puts on Bogus Airlines (ticker symbol BA) which expire on January 21, 2022. Assume the chart was compiled as of the close of trading on December 14, 2021. In the questions that follow, use the "Last" column to answer questions which involve option pricing, assuming that Bogus closed at $340 on December 14. Calls Puts Last Net Bid Ask Vol Strike Last Net Bid Ask Vol 14.1 8.225 13.85 14.25 209 13.46 +6.51 13.25 13.45 1,077 11.6 -73 11.4 11.55 87 15.9 +7.375 15.7 15.95 339 9.2 -6.575 9.15 9.3 654 18.4 +8 18.45 18.65 307 7.28 -5.645 72 74 227 21.45 +89 21.4 21.8 132 5.65 14.8 5.6 5.75 401 BA 340.000 BA 345.000 BA 350.000 BA 355.000 BA 360.000 BA 365.000 BA 370.000 BA 375.000 BA 380.000 25.6 +10.55 24.75 25.2 199 4.33 3.895 4.25 4.4 220 29.44 +11.50 28.4 28.95 79 322 -3.155 3.2 3.3 1,550 32.45 32.95 132 32.65 211.625 37 78 +1328 25 -2.325 2.37 2.45 608 36.65 3725 27 1.8 -1.775 1.7 1.82 591 42.14 13.865 41.05 41.7 50