You have sold 100 put options on BNP-Paribas delivery June, exercise price 80 for a price of 35 per option. The underlying asset of 1 option is 1 BNP-Paribas stock. Exercise at maturity is automatic if relevant. The price of BNP-Paribas at maturity is 60, which of the following is true:

a) Nothing happens, the options expire, you made a profit of 3,500

b) Nothing happens, the options expire, you made a loss of 3,500

c) You will have to sell 100 BNP-Paribas stocks for a price of 8,000

d) You will have to buy 100 BNP-Paribas stocks for a price of 8,000

e) None of the above