How to Calculate Beta-Weighted Delta

When managing a portfolio with many option positions, it is useful to recast the individual deltas so as to compare each position to a common underlying, say SPY. This is referred to as beta-weighting your deltas. Some trading platforms will do this for you, but still many more do not. In this video, I will show how to do this calculation yourself.

Calculation a stock’s beta coefficient: https://youtu.be/jmKfDvk4k6g

Github: https://github.com/kpmooney/numerical_methods_youtube/tree/master/beta_wieghted_delta

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