HELP ASAPYou currently own FB$,$ which is trading today at

$$81.$ You want to protect yourself in the event of

a decline in the share price. Puts with a strike

price of $$75$ and $$85$ are trading for $$10$ and $$17$

respectively.

Design a protective put strategy.

What will be the profit$/$loss of your position if FB shares go

to $$65.$