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Posted

 

Hello everybody,

I was not sure where to post this question so I ask on the general forum.

I have a portfolio of options and equity and I would like to know my “total” exposure to a sector
I would like to calculate the “direct” exposure of options in a portfolio.
I was thinking converting my option into an equity like position like this: Delta * stock price * contract size * number of option bought
So for example for an alphabet option for 2 options bought with a delta of 0.8 a contract size of 100 I would convert it to an "equity value of 0.8 * 1371 * 100  * 2 

Thank you for your help

Regards

 

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