$14.$ Delta Neutrality: Based on the stock portfolio below, use options to build a delta neutral portfolio, keeping the long equity positions as is $.$ NOTE: If an option is a short call or a long put, be sure to remember that these positions have negative delta UNDERLYING PRICE OPTION PRICE OPTION DELTA $\mathrm{.}6575400$ Acadia Pharma $($ACAD $)30$ Netflix Inc. $($NFLX$)100$ Proctor & Gamble Co$.($PG $)75($ IBM$)500$ Pure Storage Inc. $($PSTG$)165$ ZScaler, Inc $($ZS$)$ $ $26\mathrm{.}6018$ Apr $201925$ call $ $357\mathrm{.}3217$ May $2019380$ put $ $98\mathrm{.}445$ Apr $201995$ call $ $139\mathrm{.}205$ Apr $2019137$ put $ $20\mathrm{.}8617$ May $201922\mathrm{.}5$ call $ $60\mathrm{.}8020$ Dec $201950$ call $ $3\mathrm{.}70$ $ $36\mathrm{.}95$ $$4\mathrm{.}35$ $$4\mathrm{.}30\mathrm{.}95$ $$17\mathrm{.}70\mathrm{.}6175$Delta Neutrality: Based on the stock portfolio below, use options to build a delta neutral

portfolio, keeping the long equity positions as is$.$ NOTE: If an option is a short call or a long put,

be sure to remember that these positions have negative delta.