The Gamma of a Delta-Neutral Portfolio Is 500

question 19

Multiple Choice

The gamma of a delta-neutral portfolio is 500.What is the impact of a jump of $3 in the price of the underlying asset?

• A) A gain of $2,250
• B) A loss of $2,250
• C) A gain of $750
• D) A loss of $750

---

Definitions:

Hospice Care

Specialized care designed to provide support and comfort to individuals in the last phases of an incurable disease, focusing on quality of life rather than cure.

Sibling Relationships

Describes the dynamic, interaction, and bond shared between or among siblings, which can influence individuals' social and emotional development.

Caregiver

An individual who provides care for another person, typically a family member or someone with a disability or illness.

Satisfactions

Feelings of fulfillment or contentment resulting from achieving desires, expectations, or needs.