An option's delta (Δ) measures the sensitivity of option price to changes in the price of the underlying asset.Which of the following statements about option delta is true?Select as many as you think are true.Multiple choice
A
a. When a put option is deep in the money, it's delta will be very close to -1
B
b. For a call option, delta tends to be higher when it is in the money than when the call is out of the money
C
c. If there is no possibility of the option finishing in the money, delta must be zero
D
d. All else being equal, delta will change if the volatility of the underlying asset changes, since volatility affects the likelihood of the option being exercised
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