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

Put options

Case 2: Nifty is expected to move to 8230

Expected change = 8268 – 8230= 38

Delta = – 0.55

= -0.55*38

= -20.9

Here wouldn’t it be accurate if we subtract the other way round ,that is 8230 – 8268 = – 38 .So the premium automatically comes positive as well ,

-0.55 * -38 = 20.9. There it will be added anyway ,.instead of having a minus sign and still adding the value .