Delta Def
Delta Def refers to List of possible ways for defining the delta of european fx options.
For any given delta definition and market parameters, a delta value Δ implies a corresponding strike K and vice versa.
This relationship allows one to quote option volatilities associated with a given expiry and strike by specifying the absolute value of the option's delta Δ instead of the option's strike K.
Available Delta Def types:
Fwd
PA Fwd
PA Spot
Spot