Option Delta can best be defined as:

Multiple Choice

• The act of buying or selling the underlying asset via the option contract.

• The fixed price in the option contract at which the holder can buy or sell the underlying asset. Also the exercise price or strike price.

• The last day on which an option can be exercised.

• The change in the stock price divided by the change in the call price.

• A feature included in the terms of a new issue of debt or preferred shares to make the issue more attractive to initial investors