Multiple Choice
The delta of a up-and-out call option with barrier lying above the strike is most likely to be negative when
A) The underlying stock price
Is at or near
)
B) The underlying stock price
Is close to and less than
)
C) The underlying stock price
Is well below
)
D) The delta of a call cannot be negative.
Correct Answer:

Verified
Correct Answer:
Verified
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