$1$ Consider the euro call option for May with a strike price of $$1\mathrm{.}1200/.$

This option gives the buyer the right to purchase a euro futures

contract for $125,000$ at a price per euro of $$1\mathrm{.}1200$ until and including

the expiry date in May. The price of the option, $1\mathrm{.}09$ US cents per euro.

$2$ Consider the euro put option for May at the strike price $$1\mathrm{.}1200/.$

This option has a price per euro of $0\mathrm{.}94$ US cents, or $$0\mathrm{.}00940/.$ The

option to sell $125,000$ up to and including the maturity date in May

$$ Analyze the payoff profiles of buyer and writer of these two euro

call$/$puy options for $125,000.$