Start learning →

Delta, used in delta hedging, is the first derivative of the option's value with respect to the:

ATime to expiry
BRisk-free rate
CImplied volatility
DUnderlying price
Answer & Solution
Correct answer: D. Underlying price
Delta measures how much the option value changes for a small change in the underlying price.
Practise this question with Quill — CA Final →

Keep practising Futures Contract

Browse all Futures Contract questions for CA Final, or explore more Strategicfinancialmanagement topics.

Start a Futures Contract lesson →
Related questions