I think he just means that Delta is used by traders as a rule of thumb to get a general idea. It's not an exact science, like 0.34 Delta doesn't mean 34% for sure but fairly close...at least that's what I think he meant. But you never know around here haha
Iron ore price, page-3339
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Last
$20.88 |
Change
0.780(3.88%) |
Mkt cap ! $64.31B | |||
| Open | High | Low | Value | Volume |
| $21.26 | $21.59 | $20.60 | $204.2M | 9.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2212 | $20.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.88 | 222 | 2 |
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