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My answers are 5 B price of call option increaes as underlying increases. yes the tricky part is yes by being short , you are short delta and as underlying increases you are shorting more and more means you have to buy back at more and more expensive price of call and take more and more loss. 7 C as underlying is falling , put delta increases by gamma so 0.53 is new delta of the put. Though it may seem confusing as it says the put delta was .50 for 320 strike which means underlying was at 320 ATM. But sometimes the delta is not exactly .50 so it can happen that stock was at 321 and delta of 320 put was .5 and stock moved down and delta now changed to .53 13 D as expiry comes closer , all in money deltas come closer to 100 while ou of money move closer to 0 13 D selling call is basically shorting stock , so it is not offseting your short stock portfolio I can understand your reason to move to portfolio margin , But it is more risky . It seems like you dont want to take loss on some trades ? That is the hardest part to do as equity trader . Nobody wants to take a loss . This is somewhat dangerous . Who said we have bottomed ? Recession has not yet started . That is why fed wants to keep moving aggressively till it thinks it can. If you have seen dot com or financial crisis recession , stocks had no bottom. Anyway Good luck.

I agree with answers 1-14, and 17-20. I don't disagree with 15-16; I just don't know the answers. On #5, you are short the call, so it wouldn't make any sense for your option value to increase when the position moves against you. On #7, you are short the 0.50 delta put and the underlying price goes down. Firstly, its a put so it is actually -0.50 delta. Secondly, a drop in price of the underlying causes a decrease in delta (of both puts and calls), so -0.50 - 0.03 = -0.53. On #11, just remember that delta is supposed to represent the % chance of the trade finishing in the money. So as time passes, the % chance that an ITM option will finish ITM increases and conversely the % chance an OTM option finishes ITM decreases. On #13, if you're short stock, selling calls doesn't hedge the position. A drop in (stock) price would help both trades and an increase in price would hurt both trades.