Strategy

Delta Hedging

By Ryan Silk & Lawrence Polatchek · Reviewed April 2026 · Options Trading Glossary

Adjusting to neutralize delta

What is Delta Hedging?

Delta Hedging Adjusting positions to achieve delta-neutral exposure. Market makers continuously delta hedge. Retail traders may hedge to reduce directional risk.

Complete Definition

Adjusting positions to achieve delta-neutral exposure. Market makers continuously delta hedge. Retail traders may hedge to reduce directional risk.

Related Terms

Delta Neutral Gamma Hedging

Written by

ApexVol Research Team

Quantitative options research

All calculations use live ORATS institutional data — the same source used by professional volatility desks.

Technical reviewer

Ryan Silk, ApexVol Founder

Reviewed for technical accuracy

10+ years trading options. Built ApexVol's pricing engine, Greeks model, and IV-rank methodology.

This guide is updated as market conditions and ORATS data change. Last revised 2026-05-12. How we research →

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