Question A14-A18 are based on the information below On May 15, 2019 at 10a.m. a stock traded at $80 per share (S.). At that early date, call and put options with different prices and one-year maturities were available all with the same expiration dates. Their prices were as shown below. that the quoted call/option prices did not change during that day's trading) Per Share Put Strike Price Cost Per Share Call Cost $87.5 $9.75 $0.70 $85 $6.95 $1.05 $8.5 $3.50 $1.25 80 $0.12 $1.50 tian chares of the stock at $85 per share, and since 1 Al4. On May 15, 2019 at 10.15 a.m., I bought 7 million shares of the stock at $85 per share, and since I was scared that things might go wrong. I hedged my position at the same time. One year later, the stock. Sy trades at $70 per share. How could I have best protected (hedged) my stock position over the last year? (a) By buying call options with strike prices (X) of $80. b) By buying put options with strike prices (X) of $80.