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NEW QUESTION: 1 Between two options positions with the same delta and based upon the same underlying, which would have a smaller VaR? A. both positions would have an identical VaR B. the position with a lower gamma C. the position with a higher gamma D. the position with a higher theta Answer: C 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)
2]. Therefore, a higher gamma reduces VaR and a lower gamma increases VaR. Hence Choice 'b' is the correct answer.
NEW QUESTION: 2 シグニチャがCisco IOS IPSで引き起こされるときどのアクションが可能ですか。 A. 監視システムにSNMPアラートを送信する B. 同じ送信元アドレスを持つすべてのパケットを拒否する C. 同じポート宛先を持つすべてのパケットを拒否する D. SMTP経由で管理者にEメールを送信する Answer: B
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