You trade in two types of options. First, you purchase 7 call option contracts on the Euro with an exercise price of 1.25. Second, you sell 8 put option contracts on the Euro with an exercise price of...

You trade in two types of options.  First, you purchase 7 call option contracts on the Euro with an exercise price of 1.25.  Second, you sell 8 put option contracts on the Euro with an exercise price of 1.22.  The fees/prices on the contracts are $.04 (calls) and $.03 (puts).  Forward Rates for the Euro are 1.210-11 $/E.  If contract sizes for Euros are 125,000 options per contract and the final price of Euros is 1.40. $/E, how much profit/loss have you made from participation in options?