9. You are given information for a delta-hedged portfolio for European options that you have written. For each scenario, compute the number of shares to buy or sell (indicate which action to take) on day 1 to maintain the delta-hedge for a portfolio of one option. (a) Stock Price Call premium Call delta (A) 55 6.50 0.4 Day 0 Day 1 60 9.50 0.6 (b) Stock Price Put premium Put Elasticity(22) 50 1.00 -5 Day 0 Day 1 49 0.91 -7 9. You are given information for a delta-hedged portfolio for European options that you have written. For each scenario, compute the number of shares to buy or sell (indicate which action to take) on day 1 to maintain the delta-hedge for a portfolio of one option. (a) Stock Price Call premium Call delta (A) 55 6.50 0.4 Day 0 Day 1 60 9.50 0.6 (b) Stock Price Put premium Put Elasticity(22) 50 1.00 -5 Day 0 Day 1 49 0.91 -7