Suppose that you are a speculator that anticipates a depreciation of the Singapore dollar (S$). You purchase a put option contract on Singapore dollars. Each contract represents S$50,000, with a strike price of $0.86 and an option premium of $0.02 per unit. Suppose that the spot price of the Singapore dollar is $0.80 just before the expiration of the put option contract. At this time, you exercise the option, while also purchasing S$50,000 in the spot market at the current spot rate. Assume the seller, after you exercise the put option, immediately sells the S$50,000 on the spot market. Now consider this scenario from the perspective of the individual or firm that sold you the put option. Note: Assume there are no brokerage fees. Use the drop-down selections to fill in the following table from the sellers perspective. Transaction Per Unit Per Contract Selling Price of S$ $0.80 Purchase Price of S$ -$0.86 + Premium Paid for Option $0.02 = Net Profit