n NISM Certifications
XIII NISM Series XIII
Medium

Delta refers to the rate of change in the _______.

Practice question from NISM Series XIII for SIF - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Option premium per day

  2. Option premium for a unit change in underlying spot price

    Correct answer

  3. C

    Option premium for interest rate change

  4. D

    Option premium for volatility change

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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