Question: Can you please answer this question and explain? The price of XYZ is $40. You have established the following position:~ Short 1 XYZ 40 Call

Can you please answer this question and explain?

The price of XYZ is $40. You have established the following position:~ Short 1 XYZ 40 Call @ 1~If the delta of the call is 0.50, what would be the theoretical price of the option if XYZ increased by $1.00?

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