Which of the Following Is Not Correct About a Call's

question 24

Multiple Choice

Which of the following is not correct about a call's gamma?

• A)it is the same as a put's gamma
• B)it is large when the call is at-the-money
• C)it can be viewed as a measure of the risk of the delta
• D)it is a source of risk that can be hedged only by using another option
• E)none of the above

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Definitions:

Winding Up

In partnership and corporation law, the orderly liquidation of the business’s assets.

Nonwrongful Dissociation

The act of separating oneself from a partnership, company, or other legal entity without breaching the terms of the agreement or engaging in improper conduct.

Past Debts

Obligations or amounts of money owed that were incurred in the past.

RUPA

Stands for the Revised Uniform Partnership Act, governing the operation of partnerships in the United States.