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Walt wrote a put option that had a $15 strike price on ABC stock when the stock price was $16 per share. The option premium

Walt wrote a put option that had a $15 strike price on ABC stock when the stock price was $16 per share. The option premium was $3. What is the maximum profit (per share) that Walt can make on his option position?

a. $15

b. $3

c. $2

d. $16

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