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What does it mean to assert that the delta of a call

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What does it mean to assert that the delta of a call option is 0.7? How can a short position in 1,000 options be made delta neutral when the delta of each option is 0.7?

Reference no: EM13590370

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What does it mean to assert that the delta of a call : what does it mean to assert that the delta of a call option is 0.7? how can a short position in 1000 options be made
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