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You buy a stock for $25.00 and simultaneously buy a 6-month at the money put option on the same stock for $5. If the price

You buy a stock for $25.00 and simultaneously buy a 6-month "at the money" put option on the same stock for $5. If the price of the stock rises to $27.00 by the time the option expires, what is your $ profit or loss on the combined position?

Group of answer choices

$2.00

$0.00

-$5.00

-$1.00

$4.00

-$3.00

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