June 7, 2016
The pharmaceutical company is up 15 percent in the last month, but one trader is positioning for a possible drop in coming weeks.
Audiocast: Complex strategy in Allergan
Chris McKhann | email@example.com
Education & Strategy
In our last column, we spoke about delta. You might remember that we discussed what delta was and what factors affected or changed delta. As you recall, we stated that three factors will have an effect on delta. They were movements of time, volatility, and underlying price. Today, we want to take a further look into the change of delta, this time focusing on change due to the movement in the underlying price.