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Question
You own 1,500 shares of ABC stock that is currently priced at $27 a share. Given this price, the option delta for a $25 call option on this stock is .724. How many $25 call options do you need to hedge against a -$1 change in the price of the stock?A. buy 1,500 options
B. buy 2,482 options
C. write 1,500 options
D. write 2,072 options
E. write 3,295 options
Answer
This answer is hidden. It contains 2 characters.
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Q:
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Q:
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