Assume S = $33

question 15

Multiple Choice

Assume S = $33.00,σ = 0.32,r = 0.06,div = 0.01.You short 100 $35 strike puts at 68 days until expiration.Under a delta hedge position,what is your overnight profit/loss if the stock rises to $34.50? Assume no cost to short stock.

• A) $8.30 gain
• B) $8.30 loss
• C) $9.56 gain
• D) $9.56 loss

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Definitions:

Metabolic Alkalosis

A condition characterized by an increase in the body's pH level, indicating an excess of bicarbonate in the blood.

Hypoparathyroid

A condition characterized by insufficient production of parathyroid hormone, leading to low calcium levels in the blood.

Bone Fragility

A condition characterized by decreased bone strength, leading to an increased risk of fractures, often associated with aging or specific diseases like osteoporosis.

Albumin Level

The concentration of albumin, a major protein in the blood, which is a key marker for assessing nutritional status and liver function.