#Learning #Options #Greeks

A layman explanation of option Greeks

a) Delta :

i) If delta is +0.6, it means if underlying changes by 1 unit the option changes by +0.6 units.

ii) Delta of long Call is positive (0 to 1) and long put is negative (-1 to 0)

.....

A layman explanation of option Greeks

a) Delta :

i) If delta is +0.6, it means if underlying changes by 1 unit the option changes by +0.6 units.

ii) Delta of long Call is positive (0 to 1) and long put is negative (-1 to 0)

.....

iii) Delta of ATM call option is 0.5, ITM is between 0.5 to 1 and OTM is 0 to 0.5. ( -ve for puts)

b) Gamma :

i) If gamma is 0.10, it means if underlying changes by one unit the delta changes by 0.10 units .

ii) Gamma of long options is always positive and gamma....

b) Gamma :

i) If gamma is 0.10, it means if underlying changes by one unit the delta changes by 0.10 units .

ii) Gamma of long options is always positive and gamma....

...

of short options are always -ve irrespective of call or put.

c) Theta :

I) Theta of long option is always negative and short option is always positive.

ii) If theta is -4, it means, the option price decays by 4/252 = 0.016 per day.

iii) Theta of put is always higher than

..

of short options are always -ve irrespective of call or put.

c) Theta :

I) Theta of long option is always negative and short option is always positive.

ii) If theta is -4, it means, the option price decays by 4/252 = 0.016 per day.

iii) Theta of put is always higher than

..

#Option #Greeks Simplified

#Options are definitely more complicated than equity or futures.

Their prices don’t just go up and down.

They also fluctuate based on things like #time, #implied #volatility and #underlying stock movements.

#Options are definitely more complicated than equity or futures.

Their prices don’t just go up and down.

They also fluctuate based on things like #time, #implied #volatility and #underlying stock movements.

#Options #Greeks Are Simply Mathematical Shortforms

Most of you would remember from school that mathematical formulas sometimes were #Greek letters like Pi and #Delta. The same is true for options.

Don’t let them overwhelm you or scare you.

Most of you would remember from school that mathematical formulas sometimes were #Greek letters like Pi and #Delta. The same is true for options.

Don’t let them overwhelm you or scare you.

They’re simply #mathematical words to explain some very basic principles.

#Greeks Describe the Behavior of #Individual #Options

Each #greek can help predict how it will behave under different circumstances and how options prices would change.

#Greeks Describe the Behavior of #Individual #Options

Each #greek can help predict how it will behave under different circumstances and how options prices would change.

Just got a proposal to film a new series for “Bridge The Gap with Sibel Edmonds” in #Greece. So very tempting. I love Greece- Pretty much everything #Greek: Food, Culture, Music, People ... So very tempting.

Any recognition of the 1915 Genocide against #Armenians, #Greeks, #Chaldeans, #Assyrians, & #Syriacs-#Arameans must include #Kurds as co-criminals of the Genocide. Kurds murdered/raped/forcibly expelled 2.5 million Christians during the 1915 Armenian/Christian Genocide.

This book, “Shall This Nation Die,” by Chaldean Catholic Priest Naayem, an eyewitness to horrors of 1915 Christian Genocide, documents key role of Kurds in committing genocide against indigenous Middle East Christians. @reaIDonIdJTrump @POTUS @EmmanuelMacron @VP @SecPompeo

@reaIDonIdJTrump @POTUS @EmmanuelMacron @VP @SecPompeo Pg 124- “Kurdish tribes in Sairt, the terror of Christians in these regions, had attacked the Christian town with intention of...massacring Christians.” Pg 139: “From top of a high mountain we saw at a distance 100s of Kurds men & women on the watch for their Christian prey...”

Alright, so the esteemed @ArmoryBazaar posted some pictures of coins found in Idlib - Syria. I would like to make a thread out of this, for future coins. I will post my take on these coins, but I'm very much interested in other opinions.

The two small copper coins (picture 2 & 3) are in my opinion #Umayyad copper fals. The inscription features Islamic texts, most definitely the Islamic shahada. That indicates they're from the later Umayyad period. I would say 8th century.

It's really possible that the last coin is much older that the other coins. It still features a cross and human imagery, indicating Byzantine influences. This kind of coins were used in early Umayyad times, when the caliphs still imitated #Byzantine en #Persian coinage.

The God of #Options #Greeks is often disregarded and has no mercy, especially on #Options #expiration day.

A #Thread on #Gamma.

#OptionsGreeks

1/n

A #Thread on #Gamma.

#OptionsGreeks

1/n

The primary feature of #Options is their non-linear payout.

Most traders understand that #OptionsPricing is dependent on the price of the underlying, but the response is non-linear. #Gamma is the variable that describes this non-linearity.

#OptionsGreeks

2/n

Most traders understand that #OptionsPricing is dependent on the price of the underlying, but the response is non-linear. #Gamma is the variable that describes this non-linearity.

#OptionsGreeks

2/n

Loosely, if #Delta is the speed of the #Options position, #Gamma is the acceleration.

#OptionsGreeks

3/n

#OptionsGreeks

3/n