Help with calculating a hedge.


I can’t take the pain in the market anymore. BABA, CVNA, NFLX and many other stocks I’ve owned for years have completely collapsed. Only stock holding up is AAPL. Still holding everything.

If I wanted to hedge a 200k portfolio with one option play. What are some suggestions on tickers? And what recommendations are there for strikes and DTE? How best do I calculate how many contracts to purchase?

Thank you


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