Real-world example
If Delta is 0.5, and the stock moves up by ₹10, your option premium will likely increase by ₹5 (0.5 * 10).
Knowledge base
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The Greeks (Delta, Gamma, Theta)
Variables that measure the sensitivity of an option's price to different factors.
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- Delta: How much the option price changes when the stock moves ₹1.
- Theta: How much value the option loses every day due to time decay.
- Gamma: How fast Delta changes when the stock moves.
- Vega: How much the price changes when volatility changes.
See it in PortoAI
See the Greeks for your live positions.