calculating of delta neutral position

[fotr]

Hello,
how can I calculate delta neut. position when I want to have on one side equity option and on the other just equity

 

[ValB]

whats your IV expectation - high or low? it makes a big diff. to yur strat.

 

[Profitaker]

Hello,
how can I calculate delta neut. position when I want to have on one side equity option and on the other just equity

Easy, Equity always has a delta of +1, add that to your option delta to give you your position delta.