warrant and delta have any relationship?

2007-10-11 7:58 pm
Warrant and delta have any relationship? can anyone talk about It, thanks?

回答 (1)

2007-10-23 7:21 pm
✔ 最佳答案
A derivative security that gives the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue as a "sweetener" to entice investors.
We can calculate the warrants prices by Back-Soles options pricing models, which need a munber of inputs such as underlying stock price, strike price, risk free interest rate and maturity date.
Delta is the measurement that tells you the percentage change in warrant price by 1 percentage change in underlying stock price.


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