You are a producer of a commodity. Which of the following hedging strategies will make money if commodity spot price settles at $120?

	a.	Write a call option with a strike $100 and premium $.50
	b.	Sell a swap at $100
	c.	Buy a put option with a strike of $50 and premium $0.15 and sell a call option with a strike $150 and premium $0.25
	d.	Buy a put option with strike of $100 and premium $2.50