Question

How can the control variate approach improve the estimate of the delta of an American option when the tree approach is used? 

   How can the control variate approach improve the estimate of the delta of an American option when the tree approach is used?
Options, Futures, and Other Derivatives
Options, Futures, and Other Derivatives
John C. Hull 10th Edition
Chapter 21, Problem 15 ↓

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For American options, which can be exercised at any time before expiration, calculating delta is more complex than for European options due to the early exercise feature.  Show more…

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How can the control variate approach improve the estimate of the delta of an American option when the tree approach is used?
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