You just bought 5,000 shares of XYZ at $37/share. You observe ATM Calls (100 shares) selling for $12.57 with a delta equal to .76 and ATM Puts (100 shares) selling for 9.32 with a delta equal to -.29. You could hedge your portfolio by ...

Group of answer choices

buying 66 Calls or buying 172 Puts

buying 66 Calls or writing 172 Puts

writing 66 Calls or writing 172 Puts

writing 66 Calls or buying 172 Puts