Options Bootcamp 8: It's All Greek to Me
Options Bootcamp 8: It's All Greek to Me Basic Training: Time to revisit the Greeks: Delta - The chief Greek Gamma - The rate of change of Delta, as the underlying stock changes, but sometimes overwhelming to beginners. Theta - Time decay. The rate of change of an option given a change in the time to expiration. Vega - The king of the Greeks. The rate of change of an option price, as a result of change in implied volatility. What is the difference between a retail and professional options trader...
