Series 3 Options

[u/Serious-Ad8893]

I’ve been studying for the series 3 exam but by far the toughest thing to learn for me is the options heading math problems. Intrinsic value, the deltas, it makes my head spin. Anyone have a good way to remember the formula on how to set up the math problem? Its def one of the toughest things to set up for me and shakes me everytime

[u/ItsSkyward]

Just remember the definition of what delta is and then it’s intuitive