A Delta-Hedged Position Is One in Which the

question 24

Multiple Choice

A delta-hedged position is one in which the

• A)combined spot and derivatives positions have a delta of one.
• B)spot position has a delta of zero.
• C)derivatives position has a delta of zero.
• D)combined spot and derivatives positions have a delta of zero.
• E)combined spot and derivatives positions have a gamma of zero.

---

Definitions:

Remixable Applications

Applications designed to be easily modified or customized by users, enhancing flexibility and personalization.

Mashups

A web application that combines data or functionality from two or more sources to create a new service.

Feature

A distinctive attribute or aspect of something, often highlighting its uniqueness or serving a specific purpose.

Collective Intelligence

The shared or group intelligence that emerges from the collaboration and competition of many individuals and appears in consensus decision making.