## Comment on The Option Greeks (Delta) Part 1

Hi Karthik,

I ‘ve a doubt about “Initial value of delta”.

I’m nowhere nearing to understand B&S model. What I’ve assumed is when spot price meets strike price the delta of that particular strike is 0.5 and say in call option the far most traded OTM stike price’s delta can be considered as zero. Similarly the far most traded ITM strike price’s delta can be considered as 1 and then on basis of relativity like percentile calculation all other strike price’s delta are calculated.

Is my assumption is correct? Pl shed some light over it.

Thanks in advance,

Koushik T