Option pricing is driven by various sensitivities. One of these sensitivities is called Gamma. Gamma measures the rate of change in an option’s Delta score based on a one-point move in the underlying ...

Options Greeks are mathematical gauges named after Greek letters, such as delta and gamma, that help traders understand how different market conditions will affect their positions.

In options trading, using the Greeks helps you decide the options to trade and when to trade them. Greeks are metrics you use to measure factors that may affect the price of an options contract.