Image The Beginning Greeks – A Deep Dive Into Delta, Gamma, and Theta Watch on GoTo Webinar

At some point, nearly any discussion of options pricing will arrive at the Greeks, a group of metrics that provide guidance about potential premium changes and embedded risks. But what should investors understand about the Greeks?

Join OCC Principal of Investor Education and OIC instructor Mat Cashman for a live, free webinar to review key Greeks. Topics will include: 

  • Delta: The potential option price change based on an underlying move 
  • Gamma: An indication of how Delta may change relative to underlying price changes 
  • Theta: The impact of the passage of time on an option’s value 

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This material is from The Options Industry Council (OIC) and is being posted with its permission. The views expressed in this material are solely those of the author and/or The Options Industry Council (OIC) and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Disclosure: Options (with multiple legs)

Options involve risk and are not suitable for all investors. For information on the uses and risks of options, you can obtain a copy of the Options Clearing Corporation risk disclosure document titled Characteristics and Risks of Standardized Options by visiting Multiple leg strategies, including spreads, will incur multiple transaction costs.