Comment on The Option Greeks (Delta) Part 1

jaganathan commented on 11 Oct 2015, 04:08 AM

Thank you so much for the lessons and really so easy to learn .
I have one doubt .
9.3 Delta for call option.
spot price = 8288
strike price = 8250
premium = 133
delta = 0.55
expected to reach 8200
decline (8200-8288) = -88

-88*0.55 = -48.4

133 – 48.4 = 84.6

spot price = 8288
strike price = 8300
premium = 9
delta = -0.2
expected to reach 8200
decline (8288 – 8200) = 88

In first case decline is in negative value(8200 – 8288) and in second case decline is in positive value(8288 – 8200) , but both have same scenario . please explain why there is no negative delta value in call option with some other example. Thanks.

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