The current price of a non-dividend-paying stock is $30. Over the next six months it is expected to rise to $36 or fall to $26. Assume the risk-free rate is zero. What long position in the stock is necessary to hedge a long put option when the strike price is $32? Group of answer choices 0.4 shares for each option 0.6 shares for each option 0.3 shares for each option 0.5 shares for