On May 8, 2000, an investor owns 100 Cisco shares. As indicated in Table 1.2 the share price is 62 and an October put option with a strike price 50 costs 4. The investor is comparing two alternatives to limit downside risk. The first involves buying one October put option contract with a strike price of 50. The second involves instructing a broker to sell the 100 shares as soon as Cisco's price reaches 50. Discuss the advantages and disadvantages of the two strategies.