Expiration Strike Call Put Table 2.6 Prices of stock options on Microsoft, January 2, 2019 18-Jan-2019 95 7.65 18-Jan-2019 100 3.81 18-Jan-2019 105 1.45 8-Feb-2019 95 9.50 8-Feb-2019 100 5.60 8-Feb-2019 3.08 Note: Microsoft stock on this day was $101.51. Source: Compiled from data downloaded from Yahoo! Finance. 0.98 2.20 4.79 2.86 3.92 6.35 105 c-1. If you had bought the February put with exercise price $105, will you exercise your put? Yes No c-2. What is the profit (los) on your position? (Enter your answer as a positive value rounded to 2 decimal places.) Loss $ 1.45