solution

This is the same first paragraph as the previous question:

You are an options trader specializing in the Singapore dollar. The current spot rate is $0.62/S$. A put option on the Singapore dollar that expires in 90 days with a strike price of $0.64/S$ sells for a premium of $0.00009/S$, while a call option on the Singapore dollar that expires in 90 days with the same strike price sells for a premium of $0.00041/S$.

Now assume that the spot rate is $0.67/S$, but you now believe it will go to $0.61/S$. You would like to buy 1,000,000 options with a strike price of $0.64/S$. Based on that belief, determine whether you would buy calls or puts, and then calculate how much money you make or lose if the spot rate goes to $0.62/S$?