It has different implications in different contexts. In general, delta defines the number of units of an asset that should...

An abbreviation for deep-in-the-money elasticity; the elasticity of an option where its value doesn't respond to changes in the underlying...

The elasticity of an option where its value doesn't respond to changes in the underlying price. As such, it delta...

An option is said to be deep in the money when its exercise price is significantly below (for a call...

The state of a derivative (swaps, options, etc.) being in a heavily losing position. In case of options, this implies...

The elasticity of an option where its value increases (for a call) and decreases (for a put) one-for-one with the...

A cross-currency derivative which constitutes an option giving the holder the right, without the obligation, to enter into a cross-currency...

Unlike standard credit default swaps which require a valuation following a credit event (usually default), digital swaps simply specify payment...

A double barrier option whose payoff at expiration date is equal to that of a binary option in case during...

A one-touch option with two American barriers. An investor, buying the option, has the right to define the two barriers:...