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You bought 100 shares of Facebook (FB) last month for $240 each. Concerned that by election day Nov 3, FB stock may drop drastically, how

You bought 100 shares of Facebook (FB) last month for $240 each. Concerned that by election day Nov 3, FB stock may drop drastically, how can you protect your investment with options (use specific option strategy based on data given in yahoo finance option section for FB). Options can be used to hedge against market risk. In this case you'd use options to protect your investment.

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