NYMEX WTI crude oil futures contracts?
A. Buy at-the-money options.
B. Buy out-of-the-money options.
C. Sell at-the-money options.
D. Sell out-of-the money options.
Answer:C
NYMEX WTI crude oil futures contracts?
A. Buy at-the-money options. B. Buy out-of-the-money options. C. Sell at-the-money options. D. Sell out-of-the money options.
Explanation: Gamma is defined as the rate of change in an option’s delta per move in the underlying. Delta is defined as