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You own 10,000 shares of ABC which is trading at $25. ATM Calls are $8.50 with a Delta of .43 ATM Puts are $6.25 with

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You own 10,000 shares of ABC which is trading at $25. ATM Calls are $8.50 with a Delta of .43 ATM Puts are $6.25 with a Delta of .37 How would you hedge your position using calls (each option represents 100 shares)? What are your total losses/gains if ABC trades at $20

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