Comment on The Option Greeks (Delta) Part 1

Karthik Rangappa commented on 03 Oct 2018, 11:49 AM

Edward, remember this –
1) Call option lose value when the underlying drops in value. Delta is +ve for call option.
2) Call option gains value when the underlying gains in value. Delta is +ve for call option.
3) Put option gains value when the underlying drops in value. Delta is -ve for put option.
4) Put option loses value when the underlying gains in value. Delta is -ve for put option.

Given this, take the increase in points in underlying as +ve and the decrease in underlying as -ve.

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