My company sells products that are a complement to the products sold by Grapefruit Electronics. When Grapefruit Electronics does well, sales of our products also increase. If Grapefruit Electronics is...

My company sells products that are a complement to the products sold by Grapefruit Electronics. When Grapefruit Electronics does well, sales of our products also increase. If Grapefruit Electronics is publicly traded with options available, what might be some ways to hedge our exposure using those options?