What kind of options position should you take to offset risk

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You hold 300 shares of F at $21.00 after purchasing them for $16 last year. You still think F has some room to run and that the price of the stock should continue to rise. However, you are concerned the stock could fall in the next several months because of geopolitical risks. What kind of options position (in total contracts) should you take to offset this risk?

Reference no: EM132059548

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