Delta of a call option is 0.85. How many units of the underlying stock should you hold

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Delta of a call option is 0.85. How many units of the underlying stock should you hold to hedge a short position in 100 call option contracts? The contract multiplier is 100.

a.0.85

b.85,000

c.85

d.8,500

Posted Date: May 18, 2024 06:04 PM

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Delta of a call option is 0.85. How many units of the underlying stock should you hold

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