In a Delta- and Gamma-Hedged Call Option Position Over a Discrete

question 8

Multiple Choice

In a delta- and gamma-hedged call option position over a discrete time interval [t,t + $\Delta$ t]:

• A) volatility risk is eliminated
• B) small price movement risk is eliminated
• C) large price movement risk is eliminated
• D) interest rate risk is eliminated
• E) both small and large price movement risk are eliminated

---

Definitions:

Social Structure

The organized pattern of social relationships and social institutions that together compose society, determining how social positions and resources are distributed.

Racial Projects

Efforts to define races in particular ways and organize society based on these definitions.

Macro-Level

Pertaining to large-scale processes and structures in society, considering the broad patterns and trends that influence groups and institutions.

Policy Debates

Discussions or arguments about proposals or plans of action intended to resolve societal issues or guide public policy.