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15. A call option on a stock has a delta of 0.3 a trader short 10 options contract. What position should the trader take to

15. A call option on a stock has a delta of 0.3 a trader short 10 options contract. What position should the trader take to hedge the position?

A. Short 300 shares

BOIL

Buy 300 shares

  1. Short 700 shares
  2. Buy 700 shares

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