***This is from Investment and Financial Mathematics (IFM) course for Actuaries. Please give handwritten solution with ALL steps shown plus with description because I need to understand the process. I will give "thumbs-up" for clear and correct solution. Thanks in advance!***

not meeded. You are given the following information for 1-year European call options on a non-dividend paying stock: (i) The stock price is 50. (ii) o = 0.25. (iii) r=0.05. (iv) You write a call option with strike 50. (v) You would like to delta-gamma hedge this call using a call option with strike price 60. (vi) The premiums and Greeks for the call options are given below: Auswer: of stock Strike Premium Buy azzleleshare or steele -stroke optas 50 60 6.17 2.51 0.6274 0.3430 0.1056 0.1026 Ber 1.026260- Determine the number of shares of stock to buy or sell and the number of 60-strike options to buy or sell to delta-gamma hedge a 50-strike option