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NEW QUESTION: 1
In ONS Customisation, setCustomFieldValue() function is used to set the value of ______ to the ______.
A. Existing fields, context
B. Existing fields, another function
C. Custom fields, context
D. Custom fields, real memory
Answer: C
NEW QUESTION: 2
Between two options positions with the same delta and based upon the same underlying, which would have a smaller VaR?
A. the position with a higher gamma
B. the position with a higher theta
C. the position with a lower gamma
D. both positions would have an identical VaR
Answer: A
Explanation:
Explanation
The second order approximation of the VaR of an options position is given by [Option delta x Underlying's VaR - Option gamma/2 x (Underlying's VaR)