For Put Options, the Delta Has a Negative Sign

question 27

Multiple Choice

For put options, the delta has a negative sign

• A)since the value of the put option falls when bond prices rise.
• B)since the value of the put option rises when bond prices rise.
• C)since the value of the put option falls when bond prices fall.
• D)since the change in interest rates is equal to the change in the interest rate on the bond underlying the option contract.
• E)to adjust for basis risk.

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