Three Months Ago, Central Supply Stock Was Selling for $51

Three months ago, Central Supply stock was selling for $51.40 a share. At that time, you purchased five put options on the stock with a strike price of $50 per share and an option price of $0.60 per share. The option expires today when the value of the stock is $42.70 per share. What is your net profit or loss on this investment? Ignore trading costs and taxes.

A) -$1,300
B) -$1,000
C) -$300
D) $3,350
E) $3,650