What is gamma in Options Greek?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Gamma (Γ) is a measure of the change in the delta in relation to the changes in the price of the underlying. If the price of the underlying rises by 1 point, the delta of the option changes by the gamma value. The main use of gamma is to evaluate the delta of the option.

Topic: Option Greeks Definitions, Types and Its Impact on Trading Article

Comments

Add a public comment...

Find more questions on this topic

How to check Option Greek?
How to use option greek?
What does the Greek mean in options?
What is option greek?
What is Vega option greek?
What is delta option greek?
What is theta option greek?
What is gamma option greek?

Ask Your Question