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Suppose you buy a January expiration put option on 200 shares with the exercise price of $45. If the stock price at option expiration is

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Suppose you buy a January expiration put option on 200 shares with the exercise price of $45. If the stock price at option expiration is $42, will you exercise your put? What is the net profit/loss on your position? (Round your answer to the nearest dollars) Strike Call Put 40 0.12 14.21 9.32 45 Expiration May 20 2022 May 20 2022 May 20 2022 Jan 20 2023 Jan 20 2023 Jan 20 2023 0.32 1.05 50 4.8 40 1.19 14.6 10.5 45 50 2.14 3.70 7.2 Yes, net profit of $172 No, net profit of $457 No, net loss of $457 Yes, net loss of $172

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