You Purchase a Stock for $53 and Simultaneously Buy a Put

You purchase a stock for $53 and simultaneously buy a put option on the stock with a strike price of $60 for $8.50. Just prior to expiration, the stock is selling for $62.50. What is your gain
Or loss on your position?

A) $1.50 loss
B) $18.00 gain
C) $1.00 gain
D) $9.50 gain