Suppose you bought the following put option $1$ week ago for $$2\mathrm{.}68(1$ option, not $1$ contract containing $100$ options$).$ The option expires next week. What is your profit per option if you sell the option at the last price?

Put

Strike Symbol Last Chg

$30$ ABC$210621$C$000400002\mathrm{.}910\mathrm{.}71$

Question $3$Answer

a$.$

profit $=$ $$0\mathrm{.}23$

b$.$

you cannot sell the option before expiration

c$.$

profit $=$ $$0\mathrm{.}71$

d$.$

profit $=$ $$2\mathrm{.}91$

e$.$

profit $=$ $$-0\mathrm{.}23$