1. Home
  2. Glossary
  3. Delivery

Trading

Delivery

Transfer of underlying asset upon exercise

Updated Glossary

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

Start 7-day free trial Open the Terminal

Free on AAPL, no account. Trial: no charge if you cancel before it ends.

On this page
  1. Complete definition
  2. Keep reading

What is Delivery?

Delivery The transfer of the underlying asset when an option is exercised. For physically-settled options, the call buyer receives shares (put buyer delivers shares) at the strike price. Cash-settled options (like index options) pay the cash difference instead of transferring any securities.

Complete definition

The transfer of the underlying asset when an option is exercised. For physically-settled options, the call buyer receives shares (put buyer delivers shares) at the strike price. Cash-settled options (like index options) pay the cash difference instead of transferring any securities.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
Start 7-day free trial Open the Terminal

Free on AAPL, no account. Trial: no charge if you cancel before it ends.

Try this with real market data. 5,500+ stocks, live options chains, IV analytics and P&L. 7-day free trial.

Know the term.
Now see it priced.

Every definition here is something the Terminal shows you live on a real chain — the Greeks, the surface, the flow. Run it on AAPL without an account.

Real market data, not a sandbox. See it live on AAPL.