Question 38 4 pts Consider the following information. For 5 = 100, X = 100, r = 5%, 0 = 15%, and T = 3 months: Call Option Put Option Price Delta Gamma Vega Price Delta Gamma Vega 3.635 0.581 0.052 0.195 2.393 -0.419 0.052 0.195 Suppose you hold an existing portfolio with a long position in 3,200 shares of stock and a short position in 10 call contracts. You want to create a delta-neutral position using the put option. How many put option contracts (rounded to the nearest whole contract) and what type of position (long or short) must you establish a position in? (Note: 1 contract=100 shares) a) Should you long or short the put option contract? Please input long or short in lower case. Your answer: b) How many put options contracts should you trade? Please input only the number of contracts to trade; round the number to the nearest whole number. Your answer: Question 38 4 pts Consider the following information. For 5 = 100, X = 100, r = 5%, 0 = 15%, and T = 3 months: Call Option Put Option Price Delta Gamma Vega Price Delta Gamma Vega 3.635 0.581 0.052 0.195 2.393 -0.419 0.052 0.195 Suppose you hold an existing portfolio with a long position in 3,200 shares of stock and a short position in 10 call contracts. You want to create a delta-neutral position using the put option. How many put option contracts (rounded to the nearest whole contract) and what type of position (long or short) must you establish a position in? (Note: 1 contract=100 shares) a) Should you long or short the put option contract? Please input long or short in lower case. Your answer: b) How many put options contracts should you trade? Please input only the number of contracts to trade; round the number to the nearest whole number. Your