Options Trading: The Greeks

Option Greeks are used to calculate an option's risk and sensitivity to the risk factors, which are represented by the Greek letters Delta, Gamma, Theta, Vega, and Rho.

The Greeks represent the various risk factors that are involved in options trading. They refer to a set of calculations that can be used to assess various factors that may influence the price of an option contract. Variables in Greek include Delta, Gamma, Theta, Vega, and Rho.