Recommend an option hedging strategy based on your computed value per share in question $2.$ Assume you own $1000$ shares of the stock at the current market price. Select either a protective put or a

covered call strategy using options that expire in about $1$ year. Calculate the expected return about $1$ year from now assuming that the stock attains your valuation per share. Show all your detailed

computations to receive full credit. EXP sells for $130\mathrm{.}52.$ Analyst tagret price is $105\mathrm{.}97$