Send us a text This episode explains how "Greeks" measure an option's sensitivity to market variables. These "Greeks" are Delta, Gamma, Theta, Vega, and Rho, each representing a specific influence on an option's price. Delta indicates price change based on underlying stock movement, while Gamma measures the rate of change in Delta. Theta quantifies the daily decay of an option's value due to time, and Vega illustrates how implied volatility affects pricing. Lastly, Rho demonstrates the i...
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