{"version":"1.0","type":"card","id":"aa8e3a4d-9a53-44fb-b940-7b00061aa4bb","url":"https://stacklist.com/card/aa8e3a4d-9a53-44fb-b940-7b00061aa4bb","title":"What Is Delta — and Why Younger Traders Should Understand Leverage Early","source_url":"https://investmentcurrent.com/options-trading-glossary/#D","note":"Delta measures how much an option's price moves relative to the underlying stock — a delta of 50 means the option gains or loses 50 cents for every one-dollar move in the stock. That relationship is what gives options their leverage, and understanding it before you trade means you're not discovering it accidentally through a losing position. IC's glossary entry on delta is the starting point for understanding how options magnify market exposure, and why managing that exposure starts with education, not position size. \n","image":{"url":"https://ucarecdn.com/68126252-fb30-4eb6-a9bb-d7a7e9a1aab4/","alt":"What Is Delta — and Why Younger Traders Should Understand Leverage Early","width":730,"height":400},"stack":{"id":"665e20a5-0540-4d3b-aacf-35b6c8d35183","title":"Building Wealth Early: Your 20s & 30s","url":"https://stacklist.com/stack/665e20a5-0540-4d3b-aacf-35b6c8d35183"},"created_at":"2026-06-02T14:48:48.425Z","updated_at":null,"aco":{"summary":"Options Trading Glossary provides comprehensive definitions of key terms used in options trading, including concepts like calls, puts, spreads, and market positions. The reference covers essential vocabulary from ask price and assignment to butterfly spreads and cash settlement options.","tags":["options-trading","glossary","financial-terms","derivatives","trading-strategies","market-terminology"],"key_entities":[{"name":"Options Clearing Corporation (OCC)","type":"organization","confidence":0.95},{"name":"Call Option","type":"concept","confidence":0.98},{"name":"Put Option","type":"concept","confidence":0.98},{"name":"Strike Price","type":"concept","confidence":0.97},{"name":"Butterfly Spread","type":"concept","confidence":0.95},{"name":"Average True Range (ATR)","type":"concept","confidence":0.93},{"name":"Bid/Ask Spread","type":"concept","confidence":0.96}],"classification":"reference","language":"en","confidence":0.85,"provenance":{"model":"claude-haiku-4-5","tool":"@stacklist/be@0.1.0","confidence":0.85,"timestamp":"2026-06-02T14:48:56.930Z"},"token_counts":{"approximate":11073,"cl100k":8886},"content_hash":"sha256:e84261b8f4e6488c7fad42769ccac4c6ba0164b1952bf2781aa2ed0137ec9201","acp_version":"0.2","body_available":true,"body_tokens":11073,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/aa8e3a4d-9a53-44fb-b940-7b00061aa4bb.json","html":"https://stacklist.com/card/aa8e3a4d-9a53-44fb-b940-7b00061aa4bb","md":"/api/public/card/aa8e3a4d-9a53-44fb-b940-7b00061aa4bb.md","stack_json":"/api/public/stack/665e20a5-0540-4d3b-aacf-35b6c8d35183.json"}}