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Examen
ACB Options Exam 3 Questions & Answers
ACB Options Exam 3 Questions & Answers 
 
 
A key difference(s) between options and futures is (are) - ANSWERSlong options positions require premiums but futures contracts require no up-front payment. 
 
The delta (δ) of an option: 
- ranges in absolute value between 0 and 1 
- is the change in the price of an option divided by the change in the price of the underlying asset 
- is positive for call options and negative for put options 
- all of these answers are correct - ANSWERS- all of these ...