What this scenario is modeling
This sample scenario gives Apple a bearish setup and estimates how an AAPL put could react if the stock drops by $8 over 1 day.
It is useful if you want to compare the same name using dollar-denominated upside and downside scenarios instead of only percent moves.
Current assumptions include delta -0.34, implied volatility 29%.
This is a Black-Scholes-style scenario estimate, not pricing truth.
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