Delta Financial DELTA

1. Summary

Ranks

Liquidity

-

Developer

-

Social

55

Momentum (beta)

0

Stack Rank™

-

Price

$0.64 -1.6%

Market Cap

$0.00 (#12667)

Supply

0.00 / 43.96M

Tags

Ethereum Ecosystem

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Price
52W High price	$1.45
52W High date	12th Mar 2024 (1 year ago)
All Time High (ATH) Date	29th Mar 2021 (4 years ago)
ATH Price	$21.85
% From ATH	-96.1%
All Time Low (ATL) Date	18th Jun 2022 (3 years ago)
ATL Price	$0.65
% From ATL	32%

Supply & Trading Volume
Trading Volume (24h)	$64.00
Total Supply	43.96M
Max Supply	43.96M

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Description

Delta Financial:

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Delta Financial:

.delta is a risk sensitivity measure used in assessing derivatives. It compares the change in the price of a derivative to the changes in the underlying asset’s price. The series of risk measures that use such letters are fittingly referred to as the Greeks. They are often also called risk measures, hedge parameters, or risk sensitivities. Delta is one of the most important metrics in this category.

Delta can be thought of as a ratio that compares changes in the derivative price and the underlying asset price. The ratio can be positive or negative depending on the direction the derivative moves in relation to changes in the underlying asset. For example, a long call option with a delta of 0.30 would rise by $0.30 if the underlying asset rose in price by $1.

Example:

Say a call option has a value of $10, and the underlying asset has a price of $20. The underlying asset increases in price to $23, and the option value increases to $11. The delta is equal to: ($11-$10)/($23-$20) = 0.33.

Calculation:

The delta of a more complex option position can be calculated by summing up the position delta for each option in the strategy. For instance, in a long iron butterfly strategy, the net position delta is -30, indicating an expected profit of $30 when the stock price falls by $1 and a loss of $30 when the stock price rises by $1.

Delta in Real Trades:

REAL TRADE EXAMPLE】 delta of a short put option position in SPY. The position was initiated in February 2016 and expired in March 2016. The actual profit/loss was close to the expected profit/loss projected by the position delta, with differences attributed to changes in position delta when the stock price and other options trade metrics change.

Delta Neutral Strategy:

Delta neutral is a strategy used to balance out both positive and negative delta. This is achieved through both buying and selling shares of the underlying stock, aiming to offset the risk that comes with holding an inventory of call options and put options. This type of strategy is used by market makers and professional option traders.

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