Suppose that a portfolio is worth $60 million and the S&P 500 is at 1200. If the

Question:

Suppose that a is worth $60 million and the S&P 500 is at 1200. If the value of the mirrors the value of the index, what options should be purchased to provide protection against the value of the falling below $54 million in one year’s time?
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...