BBUS, page-2869

Seek professional advice. (a) hot copper isn’t the place; and (b) it is impossible to advise without the intimate knowledge of your overall financial position, objectives and risk appetite.

However, if you are intent on making this play on your own, my advice is to spreadsheet the various outcomes and pick a scenario that meets your risk appetite. If your holdings are all index based this should be an easy exercise whereas if you are seeking to hedge against a share portfolio there will be great risk and variation to your hedge approach. Reinforcing the need for professional advice.

GL