1. As a market maker, you observed that there are orders today from the client to buy call and put option. You facilitate them by providing the immediacy to fulfill the orders and the information are as follows:

Option	Expiration (day)	Strike Price (RM)	Stock Price (RM)	Dividend ()	Volatility ()	Continuously compounded interest rate (r)
Call	30	35.00	35.00	0.00	0.35	0.08
Put	30	40.00	40.00	0.00	0.35	0.08

1. If you sell both options to the client, calculate the delta for both written options.

2. If the option is on 100 shares, what investment is required for a delta hedge position?

3. What is your overnight profit for written call option if the stock price tomorrow is increase to RM36.00?