1.You simultaneously purchase an underlying priced at $77 and write a call option on it with anexercise price of $80andselling at $6. What is the total profit (or loss), if the underlyingstock price becomes $100?[Using positive number for profit,and negative number for loss]

1.You buy one call and one put with a strike price of $60 for both.The call premium is $5 and the put premium is $6.What is the maximum loss from this strategy?[Using positive number for profit,and negative number for loss]