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Ignoring time value of money, what is your maximum possible loss if you bought a put option on 1 with strike price of 1.70$/ for

Ignoring time value of money, what is your maximum possible loss if you bought a put option on 1 with strike price of 1.70$/ for $0.23 and, at the same time, bought a call option on 1 with strike price of 1.60$/ for $0.44?

Ignoring time value of money, what is your maximum possible loss if you bought a put option on 1 with strike price of 1.60$/ for $0.23 and, at the same time, bought a call option on 1 with strike price of 1.70$/ for $0.44?

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