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ACI

3I0-012 · Question #60

Which Greek letter is used to describe the ratio of change in the option price compared with change in the price of the underlying instrument, when all other conditions are fixed?

The correct answer is C. delta. See the full explanation below for the reasoning.

Question

Which Greek letter is used to describe the ratio of change in the option price compared with change in the price of the underlying instrument, when all other conditions are fixed?

Options

  • Abeta
  • Bgamma
  • Cdelta
  • Dtheta

How the community answered

(20 responses)
  • A
    5% (1)
  • B
    10% (2)
  • C
    75% (15)
  • D
    10% (2)

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