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Gold/Mining/Energy : Precious metal company Warrants
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To: tyc:> who wrote (672)2/1/2009 10:44:02 PM
From: LLCF   of 681
 
<Thanks. Given a delta of 18%, what percentage of the stock price do you say one warrant would equal? (i.e.with the stock price at $2.60. and the delta of the warrant 18%).>

Well, you'd futz with vol number in BS till you got an 18 delta and see what the warrant is worth.

dAK
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