Viewing entries tagged
delta

Eliminating Direction | Delta as a Hedging Tool

Eliminating Direction | Delta as a Hedging Tool

Delta is the options Greek most often considered by traders. Delta allows us to understand the relationship between an option and its underlying asset. We can use this to create a hedge. See how here!

Multi-Leg Position Delta: Leave No Leg Behind

Multi-Leg Position Delta: Leave No Leg Behind

At tastytrade, we enter multi-leg option trades as a single order. Nothing against the hokey-pokey, but there’s no “legging” for us. We’ll explain why in this blog post.