If the vix is $15\%,$

The longer period Vix will be higher and higher per unit of time.

The shorter period Vix will be lower and lower per unit of time.

The shorter period Vix will be lower and higher per unit of time.

A delta$-$neutral hedge with a larger gamma

will be more ineffective

will be more effective

cannot be determined

The CBOE is in

Boston

New York

Chicago

The short put with a delta of $10(-0\mathrm{.}1),$ has a

$10\%$ probability of being out of the money at expiration.

$10\%$ probability of being in the money at expiration.

cannot be determined.

The formula for the interest rate of the strike price using continuous compounding is $($Put call parity$)$

X$/((1+$i$))$

X$^($r$.$t$)$

ln$($X$/$PV$)/$t