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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: Cynic 2005 who wrote (83400)	9/20/2002 1:01:56 AM
From: Joseph Silent	Read Replies (1) of 99985

Cynic .... I've seen the phrase "delta-hedging" bandied about all over the place (possibly because hedge funds now seem to be in vogue). I understand volatility and how the kink in the options pricing curve can help one make a profit while trading volatility, but I've never seen a good definition or explanation of "delta hedging". Would you mind explaining what you have in mind when you refer to delta hedging? tia, /J

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