Stu Purchased Six Put Options on XY Stock with a Strike

Stu purchased six put options on XY stock with a strike price of $45 and an option price of $2.60 per share. The option expires today when the value of the stock is $41.40 per share. What is the net profit on this investment? Ignore trading costs and taxes.

A) −$260
B) −$100
C) $100
D) $600
E) $260