Assertion: put's delta | /r/HasProperty | number
Facets:
value: for 0.0
type: OTHER
value: between 1.0
type: OTHER
value: for −1.0
type: OTHER
value: for a vanilla option
type: PURPOSE
value: for a short put
type: PURPOSE
Source sentences:
text: The delta of an option is a number that ranges from 0.00 to 1.00, and the delta of a put option is a number that ranges from -1.00 to 0.00.
text: The delta of an option is a number that ranges from 0.00 to 1.00, and the delta of a put option is a number that ranges from -1.00 to 0.00.
text: For a vanilla option, delta will be a number between 0.0 and 1.0 for a long call (or a short put) and 0.0 and −1.0 for a long put (or a short call); depending on price, a call option behaves as if one owns 1 share of the underlying stock (if deep in the money), or owns nothing (if far out of the money), or something in between, and conversely for a put option.