Convexity, Options Trading, Volatility Trading, Moontower, Option Greeks.
deltas Net delta: Long 2,400 Can you estimate your net delta if the stock rips higher and the call becomes 100% delta? How about if the stock tanks and the calls become 0% delta? Your net delta will tell you how sensitive your P/L is to the change in the stock price. It’s not going to be $2,400 per