Hello,
I am looking at the following 7 leg trade and I want to be sure I am calculating position delta correctly. As you can see I have calculated 76.1. This does not agree with another persons total by a factor of more than 10 times. Can anyone point out what I am doing incorrectly here?
Thanks.
Delta
Position delta
BTO #20 2/15/2019 121c
50.09
1001.8
STO # 20 2/15/2019 123c
28.36
-567.2
BTO #40 1/18/2019 122c
25.83
1033.2
BTO #40 1/18/2019 117.5p
-4.21
-168.4
STO #20 1/18/2019 121c
48.7
-974
STO #10 1/18/2019 120c
73.13
-731.3
STO #40 1/18/2019 119p
-12.05
482
Position Delta
76.1