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Which of the following statements is NOT true for a trader who performs a Delta Hedge You have to balance the Theta and Gamma of

Which of the following statements is NOT true for a trader who performs a Delta Hedge

  1. You have to balance the Theta and Gamma of the portfolio
  2. You have to buy when the price goes up and sell when the price of the underlying goes down.
  3. Has to constantly resort to external financing
  4. You can cover the Gamma with the underlying

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