Illustration$-$B

Suppose that an investor bought a PUT option

on CLK company shares at an exercise price

of $80p,$ for a underlying cost $($premium$)$ of

$10$p$.$If the current market price of CLK shares

is $50p,$ then answer the following:

The intrinsic value of the option would be:

$"$ The overall net profir would be:

The breakeven market price:

Provide your comment.