Options question, page-6

  1. 23,000 Posts.
    lightbulb Created with Sketch. 827
    The delta is the ratio between the change in the price of a warrant and the change in price of the underlying. It is between 1 and 0 (for a call) or between 0 and -1 (for a put). It is usually expressed in percentage terms (100% = 1, -100% = -1).
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.