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hey and good morning once again options Traders well most people dont know that theres a really interesting connection between the insurance qualities of an option whether its a call or put and Delta and Ive been talking about that recently in some of the videos about this insurance property of options especially with call options and why its an important perspective for you as an options Trader so whats this connection between insurance and Delta well lets go have a look and as always before we do please be sure to click like And subscribe its greatly appreciated and helps so much to promote the channel so the first thing to remember is that call options are insurance now Im going to focus on calls for this presentation we could do exactly the same thing with puts the reason I dont like to use puts for the insurance qualities is that people intuitively understand that we hear about buying shares of stock and buying put options as insurance but people dont usually think abou