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10 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
10 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.
85000
b.
8500
c.
85
d.
0.85
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