AAPL March 27 130.00 calls - delta question

Discussion in 'Options' started by OTM-Options, Mar 23, 2015.

  1. If the delta on the AAPL March 27 130.00 calls is 0.13 (according to the Nasdaq site) why did the calls only increase buy $0.02 while AAPL is up $1.35? Shouldn't the calls have increased by about $0.15?

    On Friday the calls closed at $0.25 and are up only $0.02 as of now.



    :)
     
  2. rmorse

    rmorse Sponsor

    time decay
     


  3. It can't be time decay - it's been only 3 hours trading time, with 4 1/2 days to go. I'm sure the weekends get exclude from the delta calculation.





    :)
     
  4. rmorse

    rmorse Sponsor

    Right now, the delta is around .17 but the theta is around .09. Then add in the weekend which has some value from uncertainly.
     
    OTM-Options likes this.

  5. OK ..... I see now. I didn't include Theta, which according to Nasdaq was -0.07. That now brings the end result to an acceptable figure.



    :)