Q5. Current underlying price at 100. Mean absolute deviation of 20.

Q5a. What is the price of an ATM PUT and ATM CALL? What is the delta value of 2 long CALLs?

Q5b. If you long 2 ATM CALLs, what position do you take in underlying shares to have a zero-delta position (Note long 2 CALL short underling to go delta zero is same as a straddle)?

Q5c. What is the gamma value of your the ATM CALL position, hedged with underlying shares from Q3b? (Note when you double the # of option contracts, you double delta and gamma as well)