/biz/ - Business & Finance

Delta (∆) of an option contract refers to its sensitivity to price changes in the underlying shares.
If an option contract had a delta of 0.47, then the price of the option contract would increase by $0.47 for every dollar increase in the price of the underlying shares. Delta can also ROUGHLY equal the probability of an option expiring ITM. So if a stock has a delta of 0.50, it has a 50% chance ROUGHLY of finishing ITM. Which is why OTM options have low deltas closer to 0.00, ATM options have deltas around 50, and ITM deltas get closer to 1.00.

>>50434692
so the left sucks china's cock while also funneling weapons to guerilla's in their soft underbelly?