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    NEW QUESTION: 1
    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. both positions would have an identical VaR
    C. the position with a higher theta
    D. the position with a lower gamma
    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)

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    2]. Therefore, a higher gamma reduces VaR and a lower gamma increases VaR. Hence Choice 'b' is the correct answer.

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    NEW QUESTION: 3
    Amazon EBSブートパーティションを使用して実行中のインスタンスがある場合、_______ APIを呼び出して、コンピューティングリソースを解放できますが、ブートパーティション上のデータは保持します。
    A. インスタンスの終了
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