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 ...

Perhaps the most popular and versatile of the Greeks is the delta. It tells us how much the price of an option can be expected to change given a $1 move in the underlying stock. In an option chain, ...

Conviction is what drives the trading in any asset class that does not have predefined cash flows. We tend to bet big when our conviction (belief in the expected outcome) is higher. Indeed, conviction ...

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