Question 5 You are a buyer of oil and the onlyrisk faced by your business comes from changes in oil prices. You hede in such a way that high oil prices, beyond a certain level, do not change your profits, but low oil prices all the way down to zero, do increase your prohts as they go lower. Which of the following did you do? e bought a forward jordid equivalent with futures contracts) Sold i forward to tid equivalent with futures contracts) Took a long position on a call option Took a stort position on a put option