A School-Age Child Has a Rash Without Fever or Preceding

question 5

Multiple Choice

A school-age child has a rash without fever or preceding symptoms. Physical examination reveals a 3-cm ovoid, erythematous lesion on the trunk with a finely scaled elevated border, along with generalized macular, ovoid lesions appearing in a "Christmas tree" pattern on the child's back. What is the initial action?

• A) Obtain a KOH preparation of a skin scraping to verify the diagnosis.
• B) Prescribe topical steroid creams to shorten the course of the disease.
• C) Reassure the child's parents that the rash is benign and self-limited.
• D) Recommend topical antihistamines and emollients to control the spread.

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Definitions:

Call Delta

A measure of the sensitivity of an option's price to a change in the price of the underlying asset.

Volatility Risk

The risk in the value of options portfolios due to unpredictable changes in the volatility of the underlying asset.

Hedge Ratio

A ratio used to measure the proportion of a position that is hedged or the amount of assets used to hedge a risk exposure.

Dynamic Hedging

Constant updating of hedge positions as market conditions change.