You manage a $50 million stock portfolio with a beta of 1.2. Given a contract size of $99,000 for a stock index put opti

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answerhappygod
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You manage a $50 million stock portfolio with a beta of 1.2. Given a contract size of $99,000 for a stock index put opti

Post by answerhappygod »

You manage a $50 million stock portfolio with a beta of 1.2.
Given a contract size of $99,000 for a stock index put option with
a delta of -0.68, calculate how many put option contracts you will
need to buy to hedge your position.
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