Simple language
Delta = Zippyness or juicyness
Delta of 1 share goes up 10c option goes up 10c..... seriously zippy
Delta of 0.1 share goes up 10c option goes up 1c..... not zippy.
In the money options are zippy, the further out of the money the less zippy they are.
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- ASX - General
- Options question
Options question, page-9
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