Omega case Q 4: Delta of a bull spread.
The delta of in the money call is 1 but for the second call, it cannot be zero. I do not understand that. Can anybody explan that?
Thanks,
Omega case Q 4: Delta of a bull spread.
The delta of in the money call is 1 but for the second call, it cannot be zero. I do not understand that. Can anybody explan that?
Thanks,