Options Greeks Explained: Delta, Gamma, Theta, Vega
Options Greeks determine option prices. Learn Delta, Gamma, Theta, and Vega to make smarter trades.
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Options Greeks: The Complete Guide
Understanding Greeks is essential for options trading success.
The 4 Main Greeks
1. Delta (Δ)
What it measures: How much option price moves per $1 stock move
Call options: 0 to 1.0 Put options: 0 to -1.0
Example:
- Stock at $100
- Call option delta: 0.50
- Stock moves to $101
- Option gains $0.50
2. Gamma (Γ)
What it measures: How much delta changes per $1 stock move
[Content continues with Theta, Vega, and practical examples...]
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