Select one of the stocks you purchased in Unit $2.$The unit $2$ stock is microsoft corporation, purchased it $$439\mathrm{.}24$

Use the skills obtained in the previous assignment to theoretically obtain a put option on your stock. Assume you have $500$ shares of the stock and five put option contracts. Compute your gain or loss on the combined position if the stock price increases $20\%$ and decreases $20\%$ at the time of expiry. Write a short report of what you found $($including prices$)$ and post it on the appropriate Discussion Board.