The delta of a straddle would be the call delta plus the put delta.

Question

Quizplus · Accepted Answer

This is correct. The delta of a straddle, which involves buying both a call and a put with the same strike price and expiration date, is equal to the sum of the call delta and the put delta. This is because the straddle benefits from movement in either direction, so the combined delta reflects the potential impact of both the call and put options on the overall position.

The Delta of a Straddle Would Be the Call Delta