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A Three-Month At-The-Money Call Option on a Stock Is Trading

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A three-month at-the-money call option on a stock is trading at $5;the stock is trading at $50.A forward start option that comes to life in one month and has a life of three months from that point and that will be at-the-money when it comes to life is trading at $4.98.You hold a portfolio that is long the three-month call and short the forward start.The gamma of the portfolio is


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Labor union whose members all have a particular skill or occupation.

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The capacity of one party in a negotiation to influence the terms of an agreement or the balance of power between negotiating parties.

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The total amount of a product or service available for purchase in a market.

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