gcc error in Ubuntu 18.04

I try to compile hello.c using gcc with -mnop-mcount option. But error occurs like below:

$ gcc -pg -mfentry -mnop-mcount -o hello hello.c
cc1: error: -mnop-mcount is not implemented for -fPIC

My gcc version is 7.3.0:

$ gcc --version
gcc (Ubuntu 7.3.0-16ubuntu3) 7.3.0
Copyright (C) 2017 Free Software Foundation, Inc.
This is free software; see the source for copying conditions.  There is NO

warranty; not even for MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.

And my Ubuntu version is 18.04 LTS:

$ lsb_release -a
No LSB modules are available.
Distributor ID: Ubuntu
Description:    Ubuntu 18.04 LTS
Release:    18.04

Codename:   bionic