The Greeks are a set of mathematical measures used in options trading to assess and quantify various factors that influence the price and behavior of options.
📌 VEGA :
Vega is a measure of how much an option's premium will change in response to a 1% change in implied volatility. Implied volatility represents the market's expectation of the underlying security's...
In case you prefer to read the blog version of the report, it is listed below. I have included an example as well.
What is DELTA?
Delta is one of the four major risk measures in options trading. It measures the amount an options price is affected by a $1 price change in the underlying stock. DELTA is measure on a scale from 0.00 to 1.00 for call options, and...