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:

Solar Energy

Energy derived from the sun’s rays, utilized through various technologies for heating, electricity, and other applications.

Genus Rhizobium

A group of soil-borne bacteria that form symbiotic relationships with leguminous plants, fixing nitrogen in nodules on their roots.

Bacteria

Microscopic, single-celled organisms that exist in diverse environments and can have roles ranging from decomposing dead matter to causing disease.

Nitrogen

A chemical element with symbol N, atomic number 7; a colorless, odorless unreactive gas that forms about 78% of the earth's atmosphere and is a constituent of all living tissues.