Option payoff profiles:
a. Construct an option position (a combination of calls and/or puts) with the same risk profile
(v$/SFr versus s$/SFr) as a forward contract to buy SFr for dollars at an agreed-upon future date. Clearly identify the asset underlying the option(s), whether you are using puts or calls, and whether you are short or long.
b. Construct an option position that is identical to selling SFr forward. Clearly identify the asset underlying the option(s), whether you are using puts or calls, and whether you are short or long.