... options theory takes a back seat. I went to the floor and wedged my way into the crowd, and I waited, knowing that I was covered. The bell sounded and the shouting began, and after a few brief stops ... money, then the long is credited with one tick times the contract multiplier, and the short is debited one tick times the contract multiplier. The multiplier for Eurodollars is $25, and the mul-tiplier ... of deltaThere are four ways to think of delta; the first is the definition, and the following three are the uses: ■ the rate of change of the option with respect to a small change in the underlying...