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>> No.54811486 [View]
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54811486

>>54811373
Delta is always a decimal, so 25 is shorthand for .25 or -.25. Delta represents how much an option moves when the share price goes up $1. The absolute value of delta is also a decent estimate of the % chance that the option will expire in the money.

https://www.youtube.com/watch?v=OmJEQstifaw
https://www.youtube.com/watch?v=Me4oVDoGdz8

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