Does the Sign of Delta Change for a Call Option as It Moves from OTM to ITM?
No, the sign of Delta for a long call option remains positive, ranging from 0 (deep OTM) to 1 (deep ITM). The magnitude of the Delta increases as the option moves from OTM to ATM, and then from ATM to deep ITM.
The sign of Delta is determined by the type of option (call or put) and whether the position is long or short, not by its moneyness.
