On March $1,2025,$ Hudson Corp. purchased a put option on shares of ICA stock. The contract was for $100$ shares at a strike price of $$150$ per share, with an expiration date of May $31,2025.$ The option contract premium was $$60.$ On March $31,$ a market appraisal estimated the time value of the option to be $$50.$

$03$:$15$:$34$

Hudson settled the option contract on May $10.$ Prices of ICA stock during the option period are provided below.

$\backslash$table$[[,$March $1,$March $31,$May $10],[$Price of ICA stock:,$$150,$$$140,$$$145$