Delta: How to Use Delta in Your Brutus Options Ranker Strategy

Delta

"Delta" is the most commonly quoted Greek word that determines the change in option pricing in correspondence to the change in the underlying security's price. Delta is often used as a rule-of-thumb; indicating the probability that the option will expire 'in-the-money'. Delta values range from positive or negative, depending on whether it's a call option or put option. Also, delta behavior is highly predictable. This predictability is favorable to traders, investors and brokers alike. Delta is derived from the Black-Scholes model, but is readily available in the Brutus Options Ranker as well as most other brokerage platforms.


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Hi, this may be interesting you: Delta: How to Use Delta in Your Brutus Options Ranker Strategy! This is the link: https://www.optionautomator.com/blog/kb/delta/