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You currently hold 1000 ANZ shares and are thinking about hedging your downside risk (i.e. the risk of future losses). Discuss the strengths and weaknesses

You currently hold 1000 ANZ shares and are thinking about hedging your downside risk (i.e. the risk of future losses). Discuss the strengths and weaknesses of using an deep out-the-money put option or a futures contract written over ANZ shares to hedge your risk

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