This is the information given... Please answer these two questions that go with the information.

Use this information to answer questions 1625 on Homework 11. There is a put on the S\&P500 index that has a strike price of $3850. The current value of the index is 3968.51, Use 1% as the risk free rate. This option has 2 weeks until expiration. The volatility of this index is 20%. The premium for this put is $19.90. Use the information in the information file to answer this question. If the S\&P 500 index drops 3%, what is the total dollar gain from our options? A. $7,543 B. $9,500 C. $11,331 D. $15,146 QUESTION 25 Use the information in the information file to answer this question. If the S\&P 500 index drops 3%, what is the total profit or loss of our position? This would be the sum of the portfolio position change and the option position change. A. Loss of $212.34 B. Loss of $9,500 C. Profit of $188.52 D. Profit of $25,144 Use this information to answer questions 1625 on Homework 11. There is a put on the S\&P500 index that has a strike price of $3850. The current value of the index is 3968.51, Use 1% as the risk free rate. This option has 2 weeks until expiration. The volatility of this index is 20%. The premium for this put is $19.90. Use the information in the information file to answer this question. If the S\&P 500 index drops 3%, what is the total dollar gain from our options? A. $7,543 B. $9,500 C. $11,331 D. $15,146 QUESTION 25 Use the information in the information file to answer this question. If the S\&P 500 index drops 3%, what is the total profit or loss of our position? This would be the sum of the portfolio position change and the option position change. A. Loss of $212.34 B. Loss of $9,500 C. Profit of $188.52 D. Profit of $25,144