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If the S&P drops from 3106.03 to 3045.66 and you have 9 index option puts at a strike price of 3000, a delta of -.4223

If the S&P drops from 3106.03 to 3045.66 and you have 9 index option puts at a strike price of 3000, a delta of -.4223 and a premium of $15.60 each, how much does the total value of your puts increase?

	A.	$25,494.01
	B.	$22,944.83
	C.	$42,300.25
	D.	$32,998.56

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