- CFA Exams
- CFA Level I Exam
- Topic 7. Derivatives
- Learning Module 34. Valuation of Contingent Claims
- Subject 6. Option Greeks and Implied Volatility
CFA Practice Question
The delta of one long share of stock is ______.
B. 0
C. -1
A. 1
B. 0
C. -1
Correct Answer: A
It is 1 by definition.
User Contributed Comments 1
| User | Comment |
|---|---|
| xn0315 | can someone please explain why the delta of one long share is 1 and one short share is 0? |