$5=$ current stock price $=$$$24\mathrm{.}67$

$K=$ option strike price $=$$$25$

$r=$ rink$-$flee inherest rane $=0\mathrm{.}042$

$o*$ stock volatity $=0\mathrm{.}72$

$T=8meto$ expiration $=3\mathrm{.}5$ years

Kou with to hedge your poution by buyleg put opbons wht theet$-$ment expmitions and a $$7000$ uribe price How mary put oplont permitsed, it could be considered unethical$)$

Note: Do not round intermediabe calculations. Rousd your invwer to the newast whole nambec.

Number of pol ection cortrach$5=$ current stock price $=$$$24\mathrm{.}67$

$K=$ option strike price $=$$$25$

$r=$ rink$-$flee inherest rane $=0\mathrm{.}042$

$o*$ stock volatity $=0\mathrm{.}72$

$T=8meto$ expiration $=3\mathrm{.}5$ years

Kou with to hedge your poution by buyleg put opbons wht theet$-$ment expmitions and a $$7000$ uribe price How mary put oplont permitsed, it could be considered unethical$)$

Note: Do not round intermediabe calculations. Rousd your invwer to the newast whole nambec.

Number of pol ection cortrach