You own 1000 shares of xyz and have purchased ten


You own 1,000 shares of XYZ and have purchased ten protective put contracts. The puts have a delta of -0.317.

A ) What is your position delta?

B ) Instead of buying puts, how many of your shares should you sell short to achieve the same result?

 

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Finance Basics: You own 1000 shares of xyz and have purchased ten
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