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You shorted 2 0 call option contracts on a stock, and the options have a delta of 0 . 6 . At the same time,
You shorted call option contracts on a stock, and the options have a delta of At the same time, you want to hedge your position using the underlying stock. How many shares of the underlying stock do you need to buysell to create a deltaneutral hedge? Use a positive number of shares for a long position and a negative number of shares for a short position.
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