Becoming an Option Wizard
2. Option Wizard knows delta or . . . why those cheap calls are so darn expensive.
The out-of-the money options are cheap. But when your forecasted move comes, your option barely moves.
Option Wizard knows the odds for success are better when you are above 60 delta, i.e. at- or in-the-money.
The Option Wizard delta table (not shown here) shows how delta increases the further you go in-the-money. Another Option Wizard exclusive!
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