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You own 5,000 shares of Miller stock, which is currently, valued at $37 a share. The $40 put has a premium of $2.30 and a put delta of −.25. What position should you take in $40 put contracts to hedge your stock against a $1 decrease in price?
Empathy
The ability to understand and share the feelings of another person, showing an awareness and sensitivity to their emotional state.
Persist
To continue steadfastly or firmly in some state, purpose, course of action, or the pursuit of an objective, despite obstacles or difficulties.
Self-dilemma
A situation or context in which an individual faces a conflict between different personal values, desires, or obligations, often leading to inner turmoil.
Self-regulation
The ability to manage and adjust one's emotions, behaviors, and desires in the face of external demands or challenges.
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