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NEW QUESTION: 1
In ONS Customisation, setCustomFieldValue() function is used to set the value of ______ to the ______.
A. Custom fields, context
B. Custom fields, real memory
C. Existing fields, context
D. Existing fields, another function
Answer: A
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 lower gamma
C. both positions would have an identical VaR
D. the position with a higher theta
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)