Question 12 Unsaved An investor shorts (short sells) a share of Pandora Company stock at $85 per share. He would like to insure his loss against the increase in the stock price by using option contracts available in the option market. What is his possible strategy? Sell a forward contract at Pandora Comapny stock with the forward price of $85 per share. Buy a put option at Pandora Comapny stock with the exercise price of $85 per share. Buy a call option at Pandora Company stock with the exercise price of $85 per share