Assume S = $33.00, ? = 0.32, r = 0.06, div = 0.01. You short 100 $35 strike puts at 68 days until expiration. Under a delta hedge position, what is your overnight profit/loss if the stock rises to $34.50? Assume no cost to short stock

A) $8.30 gain
B) $8.30 loss
C) $9.56 gain
D) $9.56 loss


D

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A) PDU B) PCT C) TCP D) UDP

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a. True b. False Indicate whether the statement is true or false

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