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I own stock in a NYSE exchange-listed healthcare company and have a hedge in place to lock in capital gains I have made, in case

I own stock in a NYSE exchange-listed healthcare company and have a hedge in place to lock in capital gains I have made, in case the price falls. What is the significance of the hedge ratio to the hedging strategy? Is an option for 100 shares a perfect hedge against a long holding of 100 shares of the underlying stock?

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