Hello! I need help on this question, could you please show me the calculations too. Thank you very much!!!

Portfolio A & B are created on 16 September 2021. Question is at the end of the question. (RISK MANAGEMENT)

Portfolio A

Amazon.com Inc (AMZN)

No. of Shares:64 Basis(Price):$3475.79

Apple Inc. (AAPL)

No. of shares:1191 Basis(Price):$149.03

Portfolio B

Tesla Inc. (TSLA)

No. of Shares:386 Basis(Price):$755.83

Moderna Inc. (MRNA)

No. of Shares:797 Basis(Price):$434.46

NVIDIA Corp. (NVDA)

No. of Shares:699 Basis(Price):$223.41

Microsoft Corp. (MSFT)

No. of Shares:675 Basis(Price):$304.82

Question

Hedging using Options:

1)On Wednesday, 29 September 2021, how will you use the option contract to hedge one of your three stocks in Portfolio B2. You need to determine which option you need to use (i.e., the type of option, appropriate strike price etc.). Provide justification for your decision.

2)Calculate the European option price using the option specification you chose in the previous section (i.e., strike price, expiration date, etc.).

3)Provide a review of these option prices based on the comparison between the European option price from your calculation and the actual option price you observed in the market.

Portfolio A & B are my initial portfolio with the number of shares and price bought at stated. Thank you. *Hi all my initial portfolio will be portfolio A & B shown above at the start of the question. Thank you*