You took a lona position in M common stock put option. The option has an exercise price of $53 and M's stock curfently trades at 555 . The optlon premilum is $080 pet share. The time value of this opvon is $. pershare You tooka long pesition in M common stock put option. The option has an exerciet pike of 553 and Mss stock cuntenty trades at $55. The ophion piemiun is 5080 per share. If My stock pilice hs 550 at expiration of the option your net pactit on the ontion is 5