Which of the Following Could NOT Be a Delta-Neutral Portfolio

question 1

Multiple Choice

Which of the following could NOT be a delta-neutral portfolio?

• A) A long position in call options plus a short position in the underlying stock
• B) A short position in call options plus a short position in the underlying stock
• C) A long position in put options and a long position in the underlying stock
• D) A long position in a put option and a long position in a call option

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Definitions:

Distortion

The alteration of the original shape or other characteristic of something, often leading to a misrepresentation of reality.

Cognitive Changes

Refers to alterations in cognitive functions such as memory, problem-solving, and attention span that can occur due to various factors including age, disease, or environmental influences.

Implicit Memory

Automatic memories based on repetition and apparently not requiring any conscious effort to retrieve.

Explicit Memory

Memory for specific information, including autobiographical information, such as what you had for breakfast, and general knowledge, such as state capitals.