The Delta of an Option Refers to the Change in the Value

question 15

Multiple Choice

The delta of an option refers to the change in the value of an:

• A)option for a large unit change in the price of the underlying security
• B)option for a small unit change in the price of the underlying security
• C)underlying security for a small unit change in the price of the option
• D)underlying security for a large unit change in the price of the option

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Definitions:

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