The following questions are taken from Tehray's guest lecture on options trading. Hint: Recall that options are traded in bundles of 100. O Calculate the profits or losses for the following call option. A call option on NVDA with a strike price of $500 with a premium of $5. On the expiration date, NVDA is valued at $600. Calculate the profits or losses for the following put option. A put option on WFC with a strike price of $15 with a premium of $0.60. On the expiration date, WFC is valued at $16