I get when you calculate Delta Exposure you use = delta of the position * quantity
However, when you calculate gamma exposure why do you divide the result by 100 = (gamma of position * quantity)/100
The gamma and delta are direct output from kirk spread approximation.
Hi guys I m just nervous about my part 2 exam next week.I donno if its the rights place but I tried the Schweser practicse exams and i got 76.5 and 72.5 respectively. Do you all think I will clear the exam