Which of the following shows the change in the value of a put option for each $1 change in the underlying bond?
A)Open interest.
B)Volatility.
C)Delta.
D)Basis.
E)Sigma.

Question

Quizplus · Accepted Answer

Delta is a measure of the sensitivity of an option's price to changes in the underlying security. For put options, delta is always negative and represents the change in the value of the option for each $1 change in the underlying bond.

Which of the Following Shows the Change in the Value