Commit 573ffb

2026-07-22 00:28:37 Viraj Alankar: -/-
finance/investing.md ..
@@ 201,7 201,7 @@
The numerator of the leverage ratio should include the notional exposure of options. There are different ways of calculating this. A simple way is to use the delta notional exposure (also referred to as delta dollars):
```math
- \text{Delta Notional Exposure} = \text{Delta} \times \text{Strike} \times \text{Contracts} \times \text{Multiplier}
+ \text{Delta Notional Exposure} = \text{Delta} \times \text{Current Price} \times \text{Contracts} \times \text{Multiplier}
```
The denominator should include only the market value of the option contract itself.
0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9