Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) The delta of an option can be calculated as the option's price divided by the price of the underlying security.
B) The delta of an option can be calculated as the change in the option's price divided by the change in the price of the underlying security.
C) The delta of an option can be calculated as the price of the underlying security divided by the price of the option.
D) The delta of an option can be calculated as the change in the price of the underlying security divided by the change in the price of the option.