When I first started learning about the "Greeks," I thought Delta was just a boring math calculation—the amount an option price moves when the stock moves by $1. I memorized the definitions, but I didn't actually understand it.
I’m still a beginner, and there is still so much to learn, but I recently had an "Aha!" moment. I realized that Delta isn't just about price movement—it’s actually a "Probability Tool."
The "Aha!" Moment:...