If while valuing a put option using a binomial tree you find a hedge ratio=3/5 is necessary, what does this mean should be in our portfolio to have a riskless gain in either state of the world? A. It...

If while valuing a put option using a binomial tree you find a hedge ratio=3/5 is necessary, what does this mean should be in our portfolio to have a riskless gain in either state of the world?

A. It means that you should buy 3 stocks and buy 5 calls

B. It means you should buy 3 stocks and buy 5 puts

C. It means that you should buy 3 stocks and short 5 calls

D. It means you should buy 3 stocks and short 5 puts