You purchase a call option with a delta of .34. If the stock price decreases by $2.00,

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You purchase a call option with a delta of .34. If the stock price decreases by $2.00, the price of the option will approximately:

a. Increase by $.34.

b. Decrease by $.34.

c. Increase by $.68.

d. Decrease by $.68.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781266824012

10th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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Question Posted: Dec 31, 2023 10:51 AM

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You purchase a call option with a delta of .34. If the stock price decreases by $2.00,

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The answer is d Decrease by 68 Heres how we arrive at that answer Del...View the full answer

Fundamentals Of Investments Valuation And Management

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