Commit b30100

2025-10-27 08:08:45 Viraj Alankar: -/-
finance/investing.md ..
@@ 143,7 143,7 @@
##### Options
- 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:
+ 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}
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