Assertion: call's option | /r/CapableOf | end up in the money
Facets:
value: by expiration
type: TEMPORAL
Source sentences:
text: It is first an indication of how much the value of the option will move with a $1 move in the underlying stock (all else equal, disregarding volatility), secondly, it is also an indication of the approximate probability that the option will end up In The Money (ITM) by expiration .
text: For example, if an at-the-money call option has a delta value of approximately 0.5—which means that there is a 50% chance the option will end in the money and a 50% chance it will end out of the money—then this delta tells us that it would take two at-the-money call options to hedge one short contract of the underlying.
text: Another way of looking at options delta is that it approximates the probability that the option will end up In The Money by expiration.
text: Out of the money options with delta value of about 0.25 only is in fact telling you that there may only be a 25% chance of those options ending up in the money by expiration!