What is the put option premium given the following information? 
Definitions:
Elasticity
A measure of how much buyers and sellers respond to changes in market conditions, particularly price changes.
Energy
The quantitative property that must be transferred to an object in order to perform work on, or to heat, the object, existing in various forms such as kinetic, potential, thermal, and others.
Doomsday Projections
Predictions or forecasts about catastrophic future events leading to severe disruption or destruction.
Technology
The application of scientific knowledge for practical purposes, especially in industry.
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