The price of a stock is $$60\mathrm{.}00.$ A trader buys $2$ put option contracts on the stock with a strike price of $$58\mathrm{.}00$ when the option price is $$4\mathrm{.}00.$ When does the trader make a net profit?

Question $4$Select one:

When the stock price is below $$58\mathrm{.}00$

When the stock price is below $$50\mathrm{.}00$

When the stock price is below $$54\mathrm{.}00$

When the stock price is below $$60\mathrm{.}00$