δ value (δ is also called hedging value: it is the range of price change when the underlying asset changes. Expressed by the formula: Delta= option price change/futures price change. The risk indicators of options are usually expressed in Greek letters, including delta value, gamma value, theta value, vega value, rho value and so on. Delta value (δ), also known as hedging value, is a measure of the range of option price change when the underlying asset price changes. Expressed by the formula: Delta= option price change/spot price change of the underlying asset.
The meaning of stock cycle Delta is: Delta value (δ), that is, the variability of option price when the standard production price changes. General stock options have the following remarkable characteristics: first, like general options, stock options are also a right, not an obligation, and operators can decide whether to buy shares of the company according to the situation; Second, this right is given by the company to its operators free of charge, that is to say, the operators get this right according to the agreement during their tenure, and a right itself means an "intrinsic value", and the intrinsic value of an option is expressed as its "option price"; Third, although the stock options and rights are given away by the company for free, the stock of the company linked to this right is not the case, that is, the stock is bought by the operator with money.