Discuss that if selling put option can act as a protective measure for a short

Discuss that if selling put option can act as a protective measure for a short stock position. Then determine the profit equation for this position, and also identify the breakeven stock price at expiration and maximum and minimum profits.
Directions:
Discuss the concepts, principles, and theories from your textbook.
Your initial post should address all components of the question with a 500-word limit

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