May 31, 2016
Traders are looking for a rebound in the department-store operator, which reported bearish results on May 11 and is down 27 percent in the last three months.
Audiocast: Unusual bet on Macy's
Chris McKhann | firstname.lastname@example.org
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.