To create a delta-neutral portfolio, an investor who has written 15,000 call options (that are currently exactly at-the-money) will have to <u>balance positive and negative deltas.</u>
A portfolio strategy known as "delta neutral" employs numerous holdings with a balance of positive and negative deltas so that the total delta of the assets under consideration is zero.
A delta-neutral portfolio balances out the response to market fluctuations for a specific range, bringing the position's net change to zero. The term "delta" refers to the amount by which the price of the underlying security affects the price of an option.
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Answer:
Policy owner make a change after the irrevocable beneficiary dies
Explanation:
solution
Policy owner can not policy's coverage or any other benefits unless the beneficiary provides written consent for change or beneficiary dies
and if irrevocable beneficiary has name then owner can not change to policy without consent of beneficiary
so that
Policy owner make a change after the irrevocable beneficiary dies
Answer:
A. the president's cabinet appointed the governor, state officials, and members of Congress for each southern state.
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