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Please show your work with Excel formula, thank you so much!!! You are the seller of a Put Option which allows the holder to sell

Please show your work with Excel formula, thank you so much!!!

You are the seller of a Put Option which allows the holder to sell 100 shares of TESLA at $600 between now and April 15, 2021. The premium is $62.50 for the entire option which covers all 100 shares. You as the seller, your maximum profit is __________ and your maximum loss is ______________

a. unlimited, unlimited

b. $62.50, unlimited

c. $62.50, $59,037.50

d. $62.50, $60,000.00

e. none of the above

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