Option Greeks Basics for Beginners

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What are Greeks?

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Let's learn about the 5 Greeks

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1. Delta

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2. Gamma

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3. Vega

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4. Theta

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5. Rho

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Option Greeks Basics for Beginners

What are Greeks?

Greeks are variables that tell us how much the price of options will change with change in the price of the stock, implied volatility, time and interest rates.

Let's learn about the 5 Greeks

1. Delta

Delta tells us: How much will the price of option change if the stock price changes by Rs. 1?

2. Gamma

Gamma tells us: How much will the delta change if the stock price changes by Rs. 1?

3. Vega

Vega tells us: How much will the price of option change if the Implied Volatility changes by 1%?

4. Theta

Theta tells us: How much will the price of option change with the passage of 1 day?

5. Rho

Rho tells us: How much will the price of option change if the interest rate changes by 1%?