Question: You have just started as a new star coder at Tesla (TSLA). Your pay package consists of a base salary plus 2,000 three-year warrants on

You have just started as a new star coder at Tesla (TSLA). Your pay package consists of a base salary plus 2,000 three-year warrants on TLSA stock, with a strike price of $200. The stock currently trades at $184 with a volatility of 40% and the T-bill rate is 4.9%.

What is your "delta"? The definition of delta is, if you take an action today that raises the stock price by $1.

How much does your pay package increase in value?

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