write down formula of delta
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Delta formula is a type of ratio that compares the changes in the price of an asset to the corresponding price changes in its underlying. The numerator is the change in the price of the asset, which reflects how the asset changed since its last price.
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⦋Answer⦌
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●Delta Δ = (Of – Oi) / (Sf – Si)
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where,
- Of = Final value of the option
- Oi = Initial value of the option
- Sf = Final value of the underlying stock
- Si = Initial value of the underlying stock
hope its help☺✌
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