Greeks

Dual Delta

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

Option price sensitivity to strike changes

What is Dual Delta?

Dual Delta The rate of change of option price with respect to changes in the strike price. While standard delta measures sensitivity to the underlying price, dual delta measures how the option price changes when the strike price shifts. Primarily used in exotic options analysis and academic research.

Complete Definition

The rate of change of option price with respect to changes in the strike price. While standard delta measures sensitivity to the underlying price, dual delta measures how the option price changes when the strike price shifts. Primarily used in exotic options analysis and academic research.

Related Terms

Delta Strike Price Dual Gamma

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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