PART 2 // DELTA of PUT OPTION vs. CALL OPTION

FRM
#1

Question related to delta of call options vs. put options

When stock prices increase:

  • Value of call option increases and delta of call option also increases from 0 to 1 as it goes deeper in the money

  • Value of put option decreases and delta of put option INCREASES from -1 to 0 as it goes deeper out of the money

Am I interpreting this correctly, as I saw some opposite responses on different forums?

#2

Yes.

Call delta = Put delta + 1