1. Consider a forward where the underlying asset pays no income. Underlying asset price = $2.5, forward price = $1.2, years to expiration = 0.23, underlying asset volatility = 54.11%, and risk-free interest rate = 3%. What is the Gamma in a short position in the forward contract?

1. 0
2. 1
3. -1
4. None of the above
5. Impossible to determine using the information provided