delta shown as %/%

Discussion in 'Options' started by traderlux, Dec 3, 2012.

  1. in addition to the way of showing delta as a $/$ move, i have also seen delta expressed as % option moves given a 1 % U/L move, it shows a leverage factor. has anyone used delta in this way in their trading?

  2. ?..... I need to brush-up on my Greek.....I believe that's called "lambda". :cool: