3

NIM5 , will pull up equity linked securities and you can input a date range if you toggle the Issue History radio button.


2

You have a conversion ratio of $100/12.1 \approx 8.26$, so the convertibility is an option on about 8 underlying stocks and the delta scales accordingly. I'm not familiar about the way it's quoted, though. Did you expect it to be the delta for one unit of stock?


1

OK, here is what I think. (But you should ask for advice from others in this forum or elsewhere). You computed $\frac{dC}{dK}$ (the dual delta) by a discrete approximation. The result is negative and this is correct (it is negative for a Call and Positive for a Put). In the case of a European Call it is given by the formula $-e^{-r T}N(d_2)$. (See here for ...


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