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If Citibank rallies making use of point onwards, the put options expire worthless everybody is making stocks still delta 8 profit. So total profit will be profit of stock minus put option premium.

Here a great example of Delta Hedging. Bob bought 1000 shares of Citibank for $3.5 per share on 7 January 2010. On 14 April, when Citibank was trading at $5, Bob determined that a resistance level has been reached. So he desire to perform a delta neutral hedge against short term price change while being able to profit if Citibank rally or fall strongly from important. Bob bought 20 contracts of July $5 offer execute the delta neutral hedge. The delta of stock counterbalance the delta of at money put options which is 0 delta 8.

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Winning lottery isn't rocket science if you're following some rules. I hope that I have helped one to determine how to win the lottery. Additionally hope that one day you'll find an extremely good system that will take you lots of many in upcoming lottery draws. Good results!