Suppose you believe that Sigma Inc.'s stock price is going to decrease from its current level of $40.55 sometime during the next 9 months. For $2.55 you can buy a 9-month put option giving you the right to sell 1 share at a price of $30 per share. If you buy this option for $2.55 and Fama's stock price actually decreases to $31.50, what would your pre-tax net profit/loss be?