The delta of an option is __________.
A) the change in the dollar value of an option for a dollar change in the price of the underlying asset
B) the change in the dollar value of the underlying asset for a dollar change in the call price
C) the percentage change in the value of an option for a one percent change in the value of the underlying asset
D) the percentage change in the value of the underlying asset for a one percent change in the value of the call
Correct Answer:
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