The Option Greeks at a Basic Level

Modules 1–2 are free. This module stays locked until you buy Options 101 or your desk plan is active, including a trial.

What this module covers

• Define delta, theta, vega and gamma in plain language
• State the typical delta ranges for calls (0 to 1) and puts (0 to -1)
• Estimate a per-contract dollar change using a Greek and the 100 multiplier