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A Wal-Mart call option has a delta of 0.5. Suppose you are short two shares of the Wal-Mart stock and long three such Wal-Mart call

A Wal-Mart call option has a delta of 0.5. Suppose you are short two shares of the Wal-Mart stock and long three such Wal-Mart call options in your portfolio. The portfolios delta is _______

3.5

1.5

-1.0

-0.5

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