The point of purchasing a European option is to limit the risk of a decrease in the pershare price of the stock. Suppose you purchased $200$ shares of the stock at $$28$ per share and $75$ six$-$month European put options with an exercise price of $$26.$ Each put option costs $$1.$

$\backslash$table$[[4,$A$,$B$],[3,$Parameters,$],[4,$Costs of Put Option,$$1\mathrm{.}00,$