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A bank has sold for $600,000 a European call option on 50,000 shares of a nondividend paying stock, initially the delta of the option is
A bank has sold for $600,000 a European call option on 50,000 shares of a nondividend paying stock, initially the delta of the option is 0.618, what can the bank do to make the delta-neutral? *need a ...
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