You've decided that index put options are attractive to sell. For simplicity. assume the current S&P500 index level is 100 and the risk-free rate is 1%. You sell one S&P500 index European put option with a strike of 100 and a three-month maturity. The implied volatility of the option is 23% and the price is $4.4558 (i.e.. you receive this amount in cash from the option sale). You believe that the annual expected return of the S&P500 index will be 8% with a volatility of 20%. What is your expected return from your sale? 19. O 22.1% O 30.5% 45.2% 0 -11.1% You've decided that index put options are attractive to sell. For simplicity. assume the current S&P500 index level is 100 and the risk-free rate is 1%. You sell one S&P500 index European put option with a strike of 100 and a three-month maturity. The implied volatility of the option is 23% and the price is $4.4558 (i.e.. you receive this amount in cash from the option sale). You believe that the annual expected return of the S&P500 index will be 8% with a volatility of 20%. What is your expected return from your sale? 19. O 22.1% O 30.5% 45.2% 0 -11.1%