Wendy have bought the share price of A company for $150 3 months ago, and it is currently trading at $190. Wendy has predicted that A company share price is expected to move up 1.5 times if A company can secure the project or may move down by 0.7 times if unsuccessful.

Vincent has observed the uptrend of A company shares price, he recommends Wendy to buy the call option on A company stocks to enjoy the financial leverage and ask Wendy to consider hedge her position if Wendy is afraid that the company might not secure the project.

Explain how Wendy should design the hedging strategy in reference to what Vincent has suggested for me to do based on the following information obtained

\begin{tabular}{|l|l|l|} \hline & Strike Price ($) & Premium (\$) \\ \hline Call Option & 250 & 15 \\ \hline Put Option & 130 & 15 \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline & Strike Price ($) & Premium (\$) \\ \hline Call Option & 250 & 15 \\ \hline Put Option & 130 & 15 \\ \hline \end{tabular}