Option Parameters
Options Greeks
0.00
Delta (Price Sensitivity)
0.00
Gamma (Delta Sensitivity)
0.00
Theta (Time Decay)
0.00
Vega (Volatility Sensitivity)
0.00
Rho (Interest Rate Sensitivity)
Understanding the Greeks
Delta
Measures how much the option price changes for a $1 change in the underlying stock price. Ranges from 0 to 1 for calls, 0 to -1 for puts.
Gamma
Measures how much delta changes for a $1 change in the underlying price. Higher gamma means delta changes more rapidly.
Theta
Measures time decay - how much the option loses value each day. Always negative for long options.
Vega
Measures sensitivity to volatility changes. Higher vega means the option is more sensitive to volatility changes.