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1. What is the profit or loss if you sold an IPC call with a strike price of 30,000, collected a premium of 500 points

1. What is the profit or loss if you sold an IPC call with a strike price of 30,000, collected a premium of 500 points and the IPC at expiration closed at 29,000? 2. What is the profit or loss if you sold an IPC put with a strike price of 30,000, collected a premium of 300 points and the IPC at expiration closed at 29,000? (Value 2 points) 

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