For Put Options,the Delta Has a Negative Sign

question 36

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.

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Definitions:

Claus Sluter

A Dutch sculptor who is considered one of the founders of Northern Renaissance sculpture, known for his naturalistic and detailed figures.

Chartreuse de Champmol

A large Carthusian monastery in Dijon, France, founded in the late 14th century, known for its artistic commissions and elaborate sculptures by renowned artists of the time.

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A highly ornate Gothic illuminated manuscript known as one of the most important examples of International Gothic art, created by the Limbourg brothers in the early 15th century.

Manuscripts

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