Option Greeks

Option Greeks

Sensitivity measures (Delta, Theta, Gamma, Vega) that quantify how much an option's premium is expected to change in response to specific factors.

Option Greeks are sensitivity measures that quantify how much an option’s premium is expected to change in response to a specific factor changing — underlying price movement (Delta), time passing (Theta), the rate of change of Delta itself (Gamma), or volatility shifts (Vega).

See the full introduction to all four Greeks in What Are Option Greeks? A Simple Introduction.