J
Jammy
Member
Referring to chap 13 & Q8, Apr' 2003, Subject 109 (part iv )
How do we estimate delta?
One of the threads say that delta is just the amount of shares we hold at the start.
Is that true? If yes, Why is the initial amt of shares called "delta"?
How do we estimate delta?
One of the threads say that delta is just the amount of shares we hold at the start.
Is that true? If yes, Why is the initial amt of shares called "delta"?