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NEW QUESTION: 1
Wählen Sie für jede der folgenden Aussagen Ja aus, wenn die Aussage wahr ist. Andernfalls wählen Sie Nein. HINWEIS: Jede richtige Auswahl ist einen Punkt wert.
Answer:
Explanation:
NEW QUESTION: 2
Between two options positions with the same delta and based upon the same underlying, which would have a smaller VaR?
A. the position with a higher gamma
B. both positions would have an identical VaR
C. the position with a higher theta
D. the position with a lower gamma
Answer: A
Explanation:
Explanation
The second order approximation of the VaR of an options position is given by [Option delta x Underlying's VaR - Option gamma/2 x (Underlying's VaR)