3. Following are the option prices for calls and puts for AAPL with June 16,2017 expiration date. Suppose that you currently have $5,000 in cash and own 200 Apple stocks. Since you are concerned about AAPL's potential price decrease due to increased competition from Google and Samsung, you would like to use option to protect your AAPL shares. However, you plan to keep AAPL long term and as such do not want to sell the stocks. What type of options would you trade and why? If the strike is $150, how many contracts would you be able to trade? What is the total premium paid and/or received