You are a speculator who sells a put option on Canadian dollars for a premium of $.03 per unit, with an exercise price of $.62. The option will not be exercised until the expiration date, if at all. If the spot rate of the Canadian dollar is $.65 on the expiration date, your net profit per unit is:
-$0.05
-$0.03
+$0.03
+$0.05
+$0.07