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:

Subsequent Use

Refers to the application or employment of something after the initial use or in a sequence following the first occurrence.

Reconstituted

Describes a substance that has been returned to its original state by adding water or another solvent to a concentrated or dry form.

Unknown Date

A reference to a specific date that is not specified or known.

Reconstituted Medications

Medicines that are in powder form and need to be mixed with a liquid before being administered.