### Comment:
If that was the case if the underlying moved $1 all option contracts should move $1 — but they don’t. They move according to their delta. A delta of 1, would be leveraging 100 shares. Noob.

### REPLY:
They don't because there are other factors to take into place, such as the other greeks: Gamma, Theta, Vega. Delta is just the option's price sensitivity to the underlying stock, which is completely off the actual topic that you are leveraging 100 shares per contract. 
  
 To simply explain this, if you were to exercise a call option, you would be buying 100 shares at the strike price of the contract.

### END.