On February 16, 2020, SPY an index fund tracking the S&P 500 is valued at $338.18. You are worried about reports of a new disease that was first reported and its impact on the market. You decide to purchase put options on SPY. The put options have a strike price of $316.00 and the put premium is $15.93. It turns out that your worries were warranted, and SPY is valued at $291.07 on the maturity date of your options. The value of the option is...