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You purchase ten shares of some stock. The Delta of a certain call on this stock is 0.63339, and the Gamma of this call is
You purchase ten shares of some stock. The Delta of a certain call on this stock is 0.63339, and the Gamma of this call is 0.073. The Delta of a put with the same terms as the call is -0.27145. You wish to Delta and Gamma hedge your position by purchasing/selling calls and puts. How many calls must you write to achieve this hedged position
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