##### Q-54. A riskier position is one that is expected to move around a lot in value. A delta neutral position should not change in value as the value of the underlying asset changes. This eliminates Choice A and Choice D. Choice C is correct because a gamma-negative position means that delta and the change in the underlying asset move inversely with each other. | Financial Risk Manager Part 1 Quiz - LeetQuiz
Financial Risk Manager Part 1
Get started today
Ultimate access to all questions.
Q-54. A riskier position is one that is expected to move around a lot in value. A delta neutral position should not change in value as the value of the underlying asset changes. This eliminates Choice A and Choice D. Choice C is correct because a gamma-negative position means that delta and the change in the underlying asset move inversely with each other.