You are given the following information about a portfolio you are to manage.For the long-term you are bullish, but you think the market may fall over the next month. 
How many contracts should you buy or sell to hedge your position Allow fractions of contracts in your answer.
Definitions:
Cost Function
A mathematical relation that describes how the total cost of producing a good or service varies with the level of output.
Diseconomies of Scope
The phenomenon where a company’s costs increase as it produces more varied types of products or services, due to inefficiencies.
Returns to Scale
The rate at which output increases as inputs are increased proportionately.
Economies of Scope
Cost advantages companies experience when they increase the variety of products produced, as opposed to increasing the volume of a single product (economies of scale).
Q15: Assume there is a fixed exchange rate
Q19: You are given the following information about
Q29: A portfolio consists of 100 shares of
Q36: The growth in dividends of ABC, Inc.is
Q39: You are managing a portfolio that consists
Q58: The M-squared measure considers<br>A)only the return when
Q73: Siri had a FCFE of $1.6M last
Q75: The elasticity of an option is<br>A)the volatility
Q80: Foreign currency futures contracts are actively traded
Q89: Mature Products Corporation produces goods that are