2. If you are long a stock but are concerned it might drop in value, what is your best option strategy? 3. If you own shares of a stock in a company that makes fighter jets. The company has put out a bid for a government contract. You believe they are 70% likely to get the bid, but if they don't get the bid, the stock's price will drop significantly. What is the best option strategy that you can use to profit if they get the bid (which is more likely) or if they lose the bid