Option Greeks: Delta
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Option Greeks: Delta

Intuition Publishing
Updated Sep 24, 2020

The option greeks are a way for option traders to estimate the risks associated with their option positions. The most commonly used option greek is delta, which measures the effect of a change in the price of the underlying asset on the option premium. We discuss the variants of delta for different underlying asset classes, and look at the calculation of deltas for more complex options types.