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Business, 25.03.2020 06:56 morenodonaldo762

We have 10 option contracts (1 option contract = 100 shares) in Tesla that currently have a delta of .55, but due to Gamma, if we moved 1% upwards, would have a new delta of .78. If we were to hedge for a +1% move upward, what would our current net delta shares be?

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