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.
To learn more about Delta-neutral here
brainly.com/question/16627890
#SPJ4
<span>The Second Continental Congress adopted the U.S. Declaration of Independence on July 4, 1776. It met from May 1775 to March 1781 and served as the de facto national government of the American colonies during the Revolutionary War</span>
Justinian created a new Byzantine Empire. It by far
surpassed the old Rome. He wanted consistent laws for all to obey. So, he
commissioned Justin's code or what is known today as Corpus Juris Civilis
"Body of Civil Law." Many modern countries laws are based on these
laws. These laws enabled the diverse Byzantine society to live together
harmoniously.
Also, after the revolt of 532, he rebuilt Constantinople bigger and better. He
constructed new aqueducts, public baths, theaters, and hospitals, but most
importantly the Hagia Sophia and other churches.
