A put option has a delta of -03 a trader has bought 1000


A put option has a delta of -0.3. A trader has bought 1000 options and wants to create a delta-neutral position.

(i) Should the trader take a long or short position in the asset? A. Long B. Short

(ii) How many units of the asset should be bought or sold? A. 300 B. 333 C. 1,000 D. 3,000

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A put option has a delta of -03 a trader has bought 1000
Reference No:- TGS02381192

Expected delivery within 24 Hours