The volatility of a non-dividend-paying stock whose price is $80 is 40%. The risk-free rate is 3% per annum (continuously compounded) for all maturities. Each time step is of length 3 months. Question 28 Suppose a trader sells 1,000 European call options (10 contracts) with a strike price of $100 and six months to the expiration date. Not yet answered The position in the stock which is necessary to hedge the trader's position at the time of the trade is: Marked out of 1.00 O a. Buy 290.5 shares Flag question Ob. Buy 279.5 shares O c. Buy 289.5 shares The volatility of a non-dividend-paying stock whose price is $80 is 40%. The risk-free rate is 3% per annum (continuously compounded) for all maturities. Each time step is of length 3 months. Question 28 Suppose a trader sells 1,000 European call options (10 contracts) with a strike price of $100 and six months to the expiration date. Not yet answered The position in the stock which is necessary to hedge the trader's position at the time of the trade is: Marked out of 1.00 O a. Buy 290.5 shares Flag question Ob. Buy 279.5 shares O c. Buy 289.5 shares