A state of the delta of an option which makes the variation of an in-the-money option‘s hedge ratio extremely wide just prior to expiration.
The state of exploding delta is also known as pin risk.

Running Musharaka
February 15, 2023
Venture Capital Fund
February 15, 2023
A state of the delta of an option which makes the variation of an in-the-money option‘s hedge ratio extremely wide just prior to expiration.
The state of exploding delta is also known as pin risk.