what is the delta of a share of stock 
being long a share of stock is always 1 0 delta and being short stock a delta of 1 0 the bottom linederivatives are financial contracts whose value depends on an underlying security or benchmark these contracts can be used to trade any type of security including stocks commodities and currencies but they do come with certain risks traders who deal with derivatives should understand these risks and how to measure them for instance knowing how to interpret delta can mean the difference between realizing gains and losses remember delta is a risk metric that indicates changes in a derivative s price based on the price of the underlying security 