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.

Question

Quizplus · Accepted Answer

Delta measures the change in the value of the option for each $1 change in the underlying asset. For a put option, delta will be negative, indicating that as the underlying bond price increases, the value of the put option decreases.

Which of the Following Shows the Change in the Value