The above table show call and put premiums on the pound sterling 3-month interest rate contract at a strike price of 97.00 the contract has a face value of 500,000, the premiums are expressed in basis points. You are a speculator and expect the spot 3-month pound interest rate that is currently 2.8% in January to rise to 4% by september. You can either buy one call option or one put option contract.