# Glossary #### Delta Neutral A portfolio strategy in which the overall delta of the portfolio is zero, meaning the portfolio's value is not expected to change significantly with small changes in the price of the underlying asset. A delta-neutral portfolio is constructed by balancing long and short positions in the underlying asset and its derivatives (such as options) so that the positive and negative deltas offset each other. This strategy aims to minimize the portfolio's exposure to directional risk while profiting from other factors, such as volatility or time decay. Delta-neutral strategies are often employed by options traders and market makers to hedge their positions and reduce risk. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.fig.fi/resources-and-legal/glossary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.