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The DELTA of Call A and Put A are 0.2735 and -0.7265 respectively. Assume that you create a portfolio that is short one call and

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The DELTA of Call A and Put A are 0.2735 and -0.7265 respectively. Assume that you create a portfolio that is short one call and long one put. What is the DELTA of this portfolio? Can you find the DELTA without computing? Explain. Assume that a share of stock is added to the short call/long put portfolio. What is the DELTA of the entire position? Explain

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