Jay sold 6 put option contracts for NAB shares, with a strike price of $9.03. At the expiry date the market price, or spot price, is $6.23. Each contract contains 100 shares.

What would Jay's loss be if the buyer of the option exercised this option?

Note: Do not input a -ve sign in your response, just enter the numerical value

Jay received a premium of $0.30 per share.