Can someone conceptually explain these two problems to me. The answers I circled are correct.

Q. (1 point): A trader has the following portfolio: long forward contract in wheat on 5,000 bu at 470 cents / bu short call position in wheat on 10,000 bu at 470 cents / bu long put position in wheat on 15,000 bu at 470 cents /bu. Circle the correct answers: Trader makes money, when: Trader's loss is: Price goes up Limited Price goes down Unlimited Trader's profit is: Limited Unlimited Q. (1 point): A trader is short 1,000 Tesla Motors Inc, shares and long 10 Call Option contracts. Circle the correct answers: Trader's synthetic position is: Options Premium: Paid Trader loses money, if TSLA price goes: Up Long Call Short Call Received (Long Put Short Put Down Delayed Doesn't change Long Stock Short Stock Neither Both - Up or Doesn't change Q. (1 point): A trader has the following portfolio: long forward contract in wheat on 5,000 bu at 470 cents / bu short call position in wheat on 10,000 bu at 470 cents / bu long put position in wheat on 15,000 bu at 470 cents /bu. Circle the correct answers: Trader makes money, when: Trader's loss is: Price goes up Limited Price goes down Unlimited Trader's profit is: Limited Unlimited Q. (1 point): A trader is short 1,000 Tesla Motors Inc, shares and long 10 Call Option contracts. Circle the correct answers: Trader's synthetic position is: Options Premium: Paid Trader loses money, if TSLA price goes: Up Long Call Short Call Received (Long Put Short Put Down Delayed Doesn't change Long Stock Short Stock Neither Both - Up or Doesn't change