### Comment:
Random question but would higher delta’s lead to more %gains assuming it goes your predicted direction? or as you said, it also depends how far the underlying is from the strike price by expiration?

### REPLY:
Yes a higher delta tells you exactly how much an option would increase in value at this very moment per dollar increase in the stock (puts always have a negative delta). However, delta changes depending on how close the option gets to the money and time till expiry. The option can also increase or decrease in value if the volatility of the stock changes.

### END.