option delta

[met1989]

when does the delta of an option go up to ?

 

[Robert Morse]

0 to 1.00. 1 is the same as the stock.

 

[spindr0]

Delta changes primarily due to price change in the underlying. It can also change due to the passage of time as well as change in implied volatility.

 

[met1989]

It drives me crazy that u can have a option in the money and it’s still worth less

 

[Robert Morse]

It drives me crazy that u can have a option in the money and it’s still worth less

Worth less than what, parity?

 

[OptionsOptionsOptions]

Have there been any rare occasions when the delta was greater than 1?

 

[met1989]

I

Have there been any rare occasions when the delta was greater than 1?

it never gets more then 1

 

[OptionsOptionsOptions]

I

it never gets more then 1

I'm sure on some rare occasions an option actually gained more than the underlying dollar for dollar.

 

[Lee-]

I'm sure on some rare occasions an option actually gained more than the underlying dollar for dollar.

An option can certain gain/lose more than $1 for every $1 movement in the underlying, but those changes are attributed to changes in vega.

 

[Doobs789]

when does the delta of an option go up to ?

This one goes to 11