Options
Options Greeks Explained Without The Math
EdgeTrader Team 7 min read
The Greeks are not scary
Think of the Greeks as dashboard gauges. Each one tells you how sensitive your position is to a single factor.
- Delta — directional exposure
- Gamma — how fast delta changes
- Theta — the daily bleed from time
- Vega — sensitivity to volatility
Once you feel these live, options stop feeling like gambling.
