You have a large long position in Acme Corporation$$s stock, and despite them having an excellent finance expert working on hedging their exposure to iron prices $($see problem $3),$ you think they are very risky. Which of these strategies will do the best job limiting large losses without costing too much?

$($A$)$ Buying in the money call options. $($B$)$ Writing out the money call options. $($C$)$ Buying out of the money put options. $($D$)$ Writing in the money put options.