Tommy Stamlano owns stock worth $80 per sh
题型：单项选择题
问题：
Tommy Stamlano owns stock worth $80 per share. Stamlano buys a put option with a strike price of $70 for $1.50. At expiration of the put option, the stock price is $65 per share. The profit or loss from Stamlano's portfolio insurance strategy is a:
A．
| A. loss of $11.50. |
B．
| B. loss of $1.50. |
C．
| C. gain of $16.50. |