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Technology Stocks : Dell Technologies Inc.

DELL 129.98

-6.2%

Dec 12 9:30 AM EST

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To: freeus who wrote (90270)	1/20/1999 2:51:00 PM
From: Kayaker	Read Replies (2) of 176387

Once in the money the LEAP rises with the stock. I don't think that's true. As I understand it, a call has to be deep in the money in order for it to rise point-for-point with the stock. For example, I calculate a delta of .866 for the Jan 2001 60 call. So, it would rise .866 for a 1 point rise in the stock. The Philadelphia exchange will show the "Greeks" for options, so you can see the delta value for each call/put. I still haven't figured out how to display LEAPS though. fast.quote.com

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