✅ New to options trading? Master the essential options trading concepts with the FREE Options Trading for Beginners PDF and email course: https://geni.us/options-trading-pdf ✅ Sign up with tastytrade: https://geni.us/tastytrade ==== The delta of an option is one of the four primary "option greeks." The other three are gamma, theta, and vega. An option's delta is a measure of the option's directional exposure. In this video, I explain what an option's delta is and give numerous examples for puts and calls, as well as show how options at various delta levels are more or less sensitive to changes in the stock price. Additionally, I discuss more advanced concepts, such as how the delta of an option is the approximate probability of the option expiring in-the-money, as well as the relationship between an option's delta and strike price. Be sure to leave a comment down below with any questions you may have! === RECOMMENDED VIDEOS/RESOURCES === Stock Options Trading 101: https://youtu.be/3bELT5FZCic Why Early Exercise/Assignment is Rare: https://www.youtube.com/watch?v=7pTb1a5IgKM Options Trading For Beginners (PLAYLIST): https://www.youtube.com/playlist?list=PL33AZa4cv-o58ldr-5zSn4ROx4SZG7Jyo tastytrade Tutorials (PLAYLIST): https://www.youtube.com/playlist?list=PL33AZa4cv-o56a2BO3jpK_PBUFe3FdvxP Option Pricing EXPLAINED: https://youtu.be/-nnJ4pMBaxA Options Trading 101: https://youtu.be/3bELT5FZCic tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Project Finance(Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade.