Delta: The Direction Greek 📊

Delta measures how much an option's premium changes for a ₹1 move in the underlying. 📈 Call Options: Positive Delta (+0 to +1) As the stock price rises, the call premium generally rises. 📉 Put Options: Negative Delta (-1 to 0) As the stock price rises, the put premium generally falls. Simple rule: Positive Delta = Calls Negative Delta = Puts Understanding Delta is the first step toward mastering option pricing and risk management.