An investor decides that it would be prudent to temporarily hedge the 100,000 shares of a company named Apoth she owns. She intends to implement a hedging strategy using 6-month European options and gather the date in the following table: Option w X Y Type of option call Call Put Put Exercise price $38 $46 $38 $36 N(di) 10.56 0.30 0.56 0.64 N(02) 10.45 0.21 10.45 if the investor implemented the hedging strategy using option Z and the share price of Apoth subsequently dropped to $36, the investor would most likely need to take the following action to maintain the same hedged 0.53 if the investor implemented the hedging strategy using option Z and the share price of Apoth subsequently dropped to $36, the investor would most likely need to take the following action to maintain the same hedged position: O Sell options because the put delta has become more negative. O b. None of the above. O c. Sell options because the put delta has become less negative. O d. Sell options because the put delta has become less negative