Options Greeks

How to trade using Options Greeks

When we talk about Options, we often hear about the Greeks. The Greeks refer to the different dimensions of risk that an options position entails.

They are used by options traders and portfolio managers to hedge risk and understand how their P&L (Profit & Loss) will behave with changes in the underlying price.

The Greeks are 5:
• Delta
• Gamma
• Theta
• Vega
• Rho