How do you hedge your position?

my m&m finance average trade price is 147 i am most seiten it going down even more every trading session what kind a stock option should i buy to hedge my position

You can chose to buy a put option at a strike price above 147 by paying the premium, in this way , you will have the right to sell the share at the strike price on expiry date. Do note that the lot size of M&MFIN is 3444, which means if you have 3444 shares with you, you can sell them at the strike price on the expiry date.

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