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The hedge ratio (delta) of an at-the-money call option on IBM is 0.12. The hedge ratio of an at-the-money put option is -0.59. What is
The hedge ratio (delta) of an at-the-money call option on IBM is 0.12. The hedge ratio of an at-the-money put option is -0.59. What is the hedge ratio of an at-the-money straddle position on IBM? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Hedge ratio
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