What is the typical sign of Delta for call options?

The typical sign of Delta for call options is positive. Delta measures the sensitivity of an option's price to changes in the price of the underlying asset. For call options, a positive Delta indicates that as the price of the underlying asset increases, the price of the call option also tends to increase. This relationship exists because call options give the holder the right, but not the obligation, to purchase the underlying asset at a specified strike price, which becomes more valuable as the asset's price rises.

A positive Delta usually ranges between 0 and 1 for call options, signifying that an increase in the underlying asset's price will lead to an increase in the option's price, reflecting the intrinsic value that the call option gains as it moves further "in-the-money."

In contrast, put options typically have a negative Delta, indicating that their prices decrease as the price of the underlying asset rises. The sign of Delta provides critical insights into the behavior of options pricing and helps traders assess their positions effectively.