you are a producer of a commodity. Which of the following hedging statement strategies will make the most money if commodity spot price settles at $90?

a. Buy a put option with strike of $95 and premium $2.50

b. sell a swap at $92

c. Buy a put option with a strike of $60 and premium $0.15 and sell a call option with a strike $120 and premium $0.25.

d. Write a call option with a strike $100 and premium $0.50