Suppose that a September put option with a stribe price of $$110$ costs $$5\mathrm{.}0.$ Under what circumstances will the seller lor writer$)$ of the cotion eam a proft? Let $ equal the price of the undertying.

$$110$

$5<mn>1</mn><mn>1</mn><mn>5</mn><mn>0</mn>$

$5>195\mathrm{.}0$

$5>110$

$51050$