You are looking at a put option on the pound in which the underlying (i.e. the pound) is at $1.218 per pound at expiration, the options are on 10,000 pounds, the exercise price is $1.105 per pound, and the option premium was $0.02 per pound when the option was purchased. What is the profit at expiration of this option for the option holder? Profit is -$200. Profit is -$1,200 Profit is $1,000. O Profit is $800