how to calculate delta excel
Delta is different for call and put options. The formulas for delta are relatively simple and so is the calculation in Excel. I calculate call delta in cell V44, continuing in the example from the first part, where I have already calculated the two individual terms in cells M44 and S44: =M44*S44.The calculation of put delta is almost the same, using the same cells.amma in Excel. The formula for gamma is the same for calls and puts. It is slightly more complicated than the delta formulas above: Notice especially the second part of the formula: You will find this term in the calculation of theta and vega too.