A firm which plans to buy oil might anticipate a period of market volatility and wish to protect its expense against price fluctuations. The firm should: A. enters a long position in oil futures or purchase a call option on oil. B. enters a long position in oil futures or purchases a put option on oil. C. enters a short position in oil futures or purchase a call option on oil. D. enters a short position in oil futures or purchases a put option on oil.