You manage a stock portfolio with a beta of 0.90 and a market value of $250 million. S&P 500 index call options with a delta of 0.53 are available at a strike price of 1,100. If the index is currently trading at 1,084, how many call options should you write?
A) 3,705
B) 3,859
C) 3,534
D) 3,916
E) 4,102

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The Answer of You manage a stock portfolio with a beta of 0.90 and a market value of $250 million. S&P 500 index call options with a delta of 0.53 are available at a strike price of 1,100. If the index is currently trading at 1,084, how many call options should you write?
A) 3,705
B) 3,859
C) 3,534
D) 3,916
E) 4,102

You Manage a Stock Portfolio with a Beta of 0