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Answer: Delta, Vega, Gamma, and Rho
For a short call position, the risk factors include: - **Delta**: Sensitivity to underlying price changes - **Vega**: Sensitivity to volatility changes - **Gamma**: Sensitivity to delta changes (second-order price sensitivity) - **Rho**: Sensitivity to interest rate changes Theta (time decay) is not considered a risk factor for short positions since time decay generally benefits short option positions. Therefore, Delta, Vega, Gamma, and Rho all contribute to the risk of a short call position.
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