You own $1million of MathFin shares as you believe that it is a solid stock to own in the long term. MathFin intends to publicly release their annual report and earnings next week.You are concerned that MathFin earnings will not meet market expectations in the short term and the shares will fall. You want to protect your investment by hedging the potential downside risk in MathFin shares. What do you do? The market details as are follows:

• MathFin shares are trading $10 per share
• The 3 month at-the-money (ATM) Call option is trading at $1.00
• The 3 month at-the-money (ATM) Put option is trading at $0.87
• The 3 month risk free rate is 5.25%

And Can I have my homework check?