The Option Chain displays the following Greeks: Delta, Theta, Gamma, Vega-. These Greeks help traders understand how the option’s price might react to different factors:
- Delta shows how much the option price will move for every ₹1 move in the underlying (the stock or index the option is based on).
- Theta indicates how much value the option loses each day due to time decay (reduction in option price as it gets closer to expiry).
- Gamma shows how fast Delta changes as the underlying price changes (Delta’s sensitivity to price movement).
- Vega measures how much the option price changes with a 1% move in implied volatility (the market’s expectation of how much the stock price will fluctuate in the future).
Understanding these can help in strategy planning, risk management, and selecting the right strikes.
Learn more about Option Greeks here: Options Greeks Explained