Please tell me how to answer the question and the correct answer

Consider the portfolio shown in Table 1 comprised of four over-the-oounter options on stock M: PPPPPP PPPP .. 3m 0.3 O ion B Call P1 1' 4350 0.2 1.4 Option c [Full 0 on D [all 0.4 P11 I 1' -4?'0 0.2" 0.9 Table 1 a) Compute the delta. gamma and vega of the portfolio. What position is needed to make the portfolio delta neutral? [10 marks] b) A new traded option (Option 1) is available on the market with a delta of 413, a gamma of.8 and a vega of.3. What are the positions needed to make the portfolio gamma and delta neutral? [10 marks] Page 4 ECW055113\") o) Is it possible to make the portfolio gamma. vega and delta neutral using only Option 1? [5 marks] d) Suppose that a second traded option is available (Option 2). The option has a delta of 0.2. a gamma of 0.2 and a vega of 0.6. Use Options 1 and 2 to make the portfolio gamma. Mega and delta neutral. [10 marks]