The Delta of an At-The-Money Long Call Option Is

question 118

Multiple Choice

The delta of an at-the-money long call option is:

• A) Between +0.5 and +1
• B) +0.5
• C) Between 0 and +0.5
• D) Zero

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Definitions:

Cashier's Check

A check issued by a bank, drawn from the bank’s own funds and signed by a cashier or teller, guaranteed by the bank.

Payable

The amounts of money that a company owes to vendors or creditors for goods or services received that have not yet been paid.

Bearer

The individual in possession of an instrument, such as a check or promissory note, that is not made out to a specific payee.

Conditional Endorsement

An endorsement on a document or instrument subject to specific conditions or restrictions.