Compute Delta

[nicholasjalonso]

We know that a non-dividend paying stock N(d1) is equal to that option's percent delta. Given that we can solve for d1 using an equation, how do we compute N(d1) to solve for delta on the exam?

 

[David Harper CFA FRM]

@nicholasjalonso The exam will provide a normal Z lookup table; e.g., https://forum.bionicturtle.com/threads/probability-function.23487/#post-83885 or https://forum.bionicturtle.com/threads/p1-t2-707-gaussian-copula-hull.10198/post-83854

 

[nicholasjalonso]

Great news, Thanks David!