Skip to content

Options Greeks Explained: Delta, Gamma, Theta, Vega

Options Greeks determine option prices. Learn Delta, Gamma, Theta, and Vega to make smarter trades.

1 min read

Options Greeks: The Complete Guide

Understanding Greeks is essential for options trading success.

The 4 Main Greeks

1. Delta (Δ)

What it measures: How much option price moves per $1 stock move

Call options: 0 to 1.0 Put options: 0 to -1.0

Example:

  • Stock at $100
  • Call option delta: 0.50
  • Stock moves to $101
  • Option gains $0.50

2. Gamma (Γ)

What it measures: How much delta changes per $1 stock move

[Content continues with Theta, Vega, and practical examples...]

Related Articles