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NEW QUESTION: 1
Gamma risk can be hedged by:
A. a bank deposit which at maturity will be worth the strike price
B. an option position with an identical but numerically opposite gamma
C. a short stock position determined by the delta of the option
D. gamma cannot be hedged
Answer: B
Explanation:
Explanation
Gamma risk is unique to options. Therefore gamma risk can only be hedged using options, and Choice 'a', ie an option position that offsets any existing gamma in the portfolio, is the only way to hedge gamma.
Positions in stock or bank deposits do not carry gamma and therefore cannot be used to hedge gamma risk.
NEW QUESTION: 2
Which of the following items in the $_SERVER super global are important for authenticating the client
when using HTTP Basic authentication? (Choose 2)
A. PHP _AUTH_PASSWORD
B. PHP _AUTH_TYPE
C. PHP _AUTH_DIGEST
D. PHP _AUTH_PW
E. PHP _AUTH_USER
Answer: D,E
NEW QUESTION: 3
Which one of the following statements is true about Column Context Menus?
A. It displays actions such as view form, view related task, and add relationship
B. It displays actions such as creating quick reports, configuring the list, and exporting data
C. It displays actions related to viewing and filtering the entire list
D. It displays actions related to filtering options, assigning tags, and search
Answer: B
NEW QUESTION: 4
A Belt experienced an Alpha of .05 and a Beta of .10 and knew these are the most common risk levels when running a Statistical test.
A. True
B. False
Answer: A
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