In early 2020, the risk-free rate was .10% and Tesla (TSLA) traded for 524 USD. In one month, TSLA could have either gone up to 576.4 USD or down to 471.6 USD.

Suppose you went short a 530.1304 USD call. How would you hedge your position?

go long 0.4415 shares of TSLA and long 208.0052 USD in the risk-free asset.

go short 0.4415 shares of TSLA and long 208.0052 USD in the risk-free asset.

go long 0.4415 shares of TSLA and short 208.0052 USD in the risk-free asset.

go short 0.4415 shares of TSLA and short 208.0052 USD in the risk-free asset.