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Delta is defined as Multiple Choice the change in the value of an option for a dollar change in the price of the underlying asset. the change in the value of the underlying asset for a dollar change in
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Delta is defined as Multiple Choice the change in the value of an option for a dollar change in the price of the underlying asset. the change in the value of the underlying asset for a dollar change in the call price. the percentage change in the value of an option for a 1% change in the value of the underlying asset. the change in the volatility of the underlying stock price. None of the options are correct.

User Bshears
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Answer:

the change in the value of an option for a dollar change in the price of the underlying asset.

Step-by-step explanation:

Delta is explained in business terms to mean the distribution at which comparison is made between the change in the price of an asset, often sellable securities, to the interconnected change in the price of its by-product.

Hence, considering the available options, DELTA in this case is defined as "the change in the value of an option for a dollar change in the price of the underlying asset."

User Aram Tchekrekjian
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