For put options,the delta has a negative sign
A)since the value of the put option falls when bond prices rise.
B)since the value of the put option rises when bond prices rise.
C)since the value of the put option falls when bond prices fall.
D)since the change in interest rates is equal to the change in the interest rate on the bond underlying the option contract.

Question

Quizplus · Accepted Answer

The delta of a put option is negative because the value of the put option decreases when the price of the underlying asset (such as a bond) increases.

For Put Options,the Delta Has a Negative Sign