if it is not given (so in practice) where does the up move size come from?
Thin air.
Or you might look at historical volatility and take an average price increase for the size of one period in your tree.
thanks
My pleasure.
if it is not given (so in practice) where does the up move size come from?
Thin air.
Or you might look at historical volatility and take an average price increase for the size of one period in your tree.
thanks
My pleasure.