You have bought 1 share of stock for $55.86 and 1 put option on the same stock. This portfolio is called a protective pu

[answerhappygod]

You have bought 1 share of stock for $55.86 and 1 put option on
the same stock. This portfolio is called a protective put. The
option has an exercise price of $50, costs $2.11, and expires in 8
months.
What is your profit from buying the stock if the stock price is
$20 in 8 months (in $)? Ignore the option for now.
What is your profit from buying the option if the stock price is
$50 in 8 months (in $)? Ignore the stock for now.
What is your total profit if the stock price is $100 in 8 months
(in $)?