Question: If underlying moves down from 1 0 0 0 to 9 5 0 , what is the new delta at stock price of 9 5
If underlying moves down from to what is the new delta at stock price of for
your overall position? If you want to rehedge to flatten the delta with underlying shares, what
trade do you need to do in the shares to achieve that? How many shares to trade? Long or short?
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