Options can be used to hedge against market risk. In this case you'd use options to protect your investment. You bought 100 shares of facebook (FB) last month for $240 each. You are worried that by election day Nov 3, FB stock may drop drastically.discuss how can you protect yourself with options. Use specific option strategy based on data given in yahoo finance option section for FB.

Answer rating: 100% (QA)

One can use put options in order to protect the downside o... View the full answer