tomtom67 0 Report post Posted May 7, 2020 Hello everybody, I was not sure where to post this question so I ask on the general forum. I have a portfolio of options and equity and I would like to know my “total” exposure to a sector I would like to calculate the “direct” exposure of options in a portfolio. I was thinking converting my option into an equity like position like this: Delta * stock price * contract size * number of option bought So for example for an alphabet option for 2 options bought with a delta of 0.8 a contract size of 100 I would convert it to an "equity value of 0.8 * 1371 * 100 * 2 Thank you for your help Regards Share this post Link to post Share on other sites