Question: MS Share prices shown every 10 days: (3 possible paths shown below) An investor owns 10,000 shares of MS on Day 0 . You can

 MS Share prices shown every 10 days: (3 possible paths shown

MS Share prices shown every 10 days: (3 possible paths shown below) An investor owns 10,000 shares of MS on Day 0 . You can purchase up to 100-contract ( $10 per contract; Total: 10010100 ) option strategy to optimize the return (minimize cost \& maximize the return) such that the strategy would work for all three equally possible routes (each route has probability of 1/3 of occurring) such that the expected value of your portfolio will not drop below 5% mark (5% of 21010,000) at any time during the 90-day schedule shown below

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