Using the Black-Scholes Model,the Delta of a Call Option Is $N(-d 2)$

question 20

Multiple Choice

Using the Black-Scholes model,the delta of a call option is:

• A) \( N(-d 2) \)
• B) \( N(-d 1) \)
• C) \( \mathrm{N}(\mathrm{d} 2) \)
• D) \( N(\mathrm{~d} 1) \)

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Definitions:

Protons

Positively charged particles found in the nucleus of an atom, contributing to the atom's mass and defining its element by determining the atomic number.

Isotope

An isotope refers to one of two or more forms of an element with the same number of protons but a different number of neutrons in the nucleus, resulting in different atomic masses but similar chemical properties.

Element

A substance consisting of atoms which all have the same number of protons, fundamentally the simplest substances that cannot be broken down using chemical methods.

Isotope

Variants of a particular chemical element that differ in neutron number, and consequently in nucleon number, but have the same number of protons.