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On July 1, 2022, Gwen purchased an XYZ September 50 Put for $450. The option expired on September 17, 2022. How should this be reported

On July 1, 2022, Gwen purchased an XYZ September 50 Put for $450. The option expired on September 17, 2022. How should this be reported on Gwen's 2022 return?

A - No gain or loss.

B - $450 of capital gain.

C - $450 of capital loss.

D - $450 of investment expense.

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