Could any one explain what will be delta for short call? I am confused. Delta for call is -1 to 0.As per my understanding when it is ITM delta is -1 and when OTM it is 0. Could anyone confirm this?
If by “call” you mean a long call, then you’re mistaken.
If, by “call” you mean a short call, then you’re correct.
Draw the payoff diagrams and look at the slopes.
Hi Magician I was referring to short call. Thanks for the response.
My pleasure.