It stands for premium adjusted spot delta; a spot delta (standard sensitivity of a vanilla option with respect to changes...

A spot delta (standard sensitivity of a vanilla option with respect to changes in the spot rate/ price) that accounts...

A spot delta (standard sensitivity of a vanilla option with respect to changes in the spot rate/ price) that accounts...

The sensitivity of an option's price (premium) to changes in the spot market. The spot delta tells how many units...