Week Four PortfolioAm purchasing a portfolio of 5 option contracts, whereby according to the original IPS, optioncontracts should be more than 5% but not more than 15% for asset allocation.Option contracts have beendescribed by many people as very investments that only expert investors can understand. However, RonIanieri, (2016) described this conscience as incorrectly applied and that option contracts can be rathervery useful to the individual investor and can considerably add great value to your portfolio. Someadvantages of option contracts include: they are cost efficiency, less risk depending on how much you usethem, higher potential returns and more strategic alternatives. With this mind, let’s analyze the optioncontracts am purchasing this week and why they are most suitable for my IPS.Gilead Sciences Inc. (GILD)Am purchasing a portfolio of 200 call option contracts of GILD, Inc. GILD is one of the