2. You want to hedge a stock position. What are the benefits of buying a put option as opposed to putting a stop loss order in for the stock? Multiple answers allowed. Select all answers that are true. * A stop-loss order could result in a sale during a temporary price downturn and preclude the investor's participation in any upside if the stock reverses and its price increases. A put option requires the sale of the underlying asset regardless of market conditions. A put option would provide protection during pre-market and after-market trading hours, and when trading is closed. A stop loss order may not be triggered until the damage is already done and the stock's price is substantially lower. A put option allows the investor to hedge without the need to sell the underlying asset (the option can be closed out, rather than exercised). A stop-loss order will expire but a put option has an unlimited life