Delta,gamma,and Vega Hedging Is Rather Complex

Multiple Choice

Delta,gamma,and vega hedging is rather complex.Identify the false statement.

A) Requires the use of four hedging instruments
B) At least one of the instruments has to be an option
C) Involves designing a portfolio where delta,gamma,and vega are set equal to zero
D) Typically involves the solution to three simultaneous equations
E) All of the above statements are true