Comment on Greek Interactions

Karthik Rangappa commented on 08 May 2016, 03:49 AM

The put delta is capped to -1, and cannot be greater than -1…and -1 is the maximum delta a put option can gain….which is what happens when the put option is deep ITM. When Volatility increases the rate at which delta changes increases…which is what the graph is trying to convey.

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