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The rate of change for delta with respect to the underlying asset's price. Mathematically, gamma is the first derivative of delta and is used when trying to gauge the price of an option relative to the amount it is in or out of the money. When the option being measured is deep in or out of the money, gamma is small. When the option is near the money, gamma is largest.
Delta represents a change. Therefore, "delta x" means "change in x."
a delta's a triangle, so the area of a triangle is bh/2
The Greek letter Delta is written as a triangle.
To calculate Delta t, you would subtract Universal Time or UT from Terrestrial Time or TT. Delta t would be the difference.