Delta, gamma, theta, vega, and rho measure the speed of the underlying securities price movement, interest rate movement, time decay of an option, and volatility. OptionBingo's StrategyFinder tool is a unique and state of the art tool for searching the best options strategies.
You can search options strategies based on your risk appetite and trend outlook. Greeks are statistics which measure sensitivity of option prices to various factors, such as underlying pricedelta, gamma), time to expiration), volatility), and interest rate).
They help a trader understand risk exposures of option positions: for example, when an option portfolio has positive delta, its value will increase if underlying price goes up, or similarly, if it has negative.
Goptions sas error
Delta,, measures the rate of change of the theoretical option value with respect to changes in the underlying asset's price. Delta is the first derivative of the value of the option with respect to the underlying instrument's price.
Practical use. For a vanilla option, delta will be a number between 0.