Four Factors for Measuring Risk: Delta, Gamma, Theta, Vega

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[shussing]

Been trading options for a year now. After about 500 trades, I can now appreciate the Greeks and their role and the importance of identifying the right Greek fir your trade prior to taking your trade. Understanding this video is critical for making money and avoiding losses. Good luck 👍

[srf]

You sir are the single most articulate Y/T trading "guru" of all that I've watched. A lot of the other "advisors" on here misspeak terms and worse in their videos. Inconsistency like that makes it very hard to understand. Thank you.

[jazzyjay]

Quick, straight-forward, easy explanation to something that many others have made to appear so complex. Thank you

[samallen]

All the reference sources I have looked at, including Investopedia, CBOE, etc. consider
extrinsic value and time value of an option to be one and the same, however it is my
understanding that extrinsic value consists of time value plus value due to implied volatility.
There is even an option parameter "vega" that gives the effect of a change in implied
volatility on the extrinsic value of the option. Are all the authorities wrong? If so, how do
I calculate time value and implied volatility value individually? The two added together should
equal extrinsic value.

[Robert-jdlx]

Great explanation as always, but I would like a deeper explanation / example of how to use Delta to hedge. That was a little unclear, so an example would be helpful.

[Shaniloka]

What a smart teacher. Thank you. Do you have a favorite days that you like to buy?

[SameerLatif]

Thank you so much for a wonderful explanation. Just one question, do you think vega is a redundant parameter? Just by looking at IV and beta can't we get an idea how volatility looks like?

[gargijain]

Thanks for the video...Very well explained..

[Sir_Pumpington_Of_Dumpenshire]

some options chains don't display greek information like BRK.B

[egoboy]

Where do you find these data points in brokerage software, like think or swim?

[GeekyGizmo]

So as a seller we want negative gamma, right?

[tictacsmurf]

Cheers broski, your video is pretty good

[WelcomeHome]

wouldn't theta be 2.5% not 5% in your example?

[zc]

what happens if Gamma is for example .8887 and delta is .3236 how can that be when delta can not be above 1?

-thank you

[noneyobusiness]

man yall always start out so good and then lose me 2min in - can you break stuff down even further for the newbies please?

[zhengyihu]

OMG this guy is way too hot for me to concentrate on what he's talking about....

[reynaarellano]

if this video make very little sense to me in the way of being able to answer series 7 questions am I too stupid

[patrickjhonzuniga]

The real question is, is he single tho? Tastyworks I need answers

[ronnieriveros]

Speak of the devil, I was, the last 2 days, reading abt the Greeks and trying to understand it.. Haha and here u r. Haha

[nicholasmusgrave]

Dumb question re your explanation of Delta: Delta = .50. Option price = 1.50 If an increase of $1 in the underlying causes a .5 (50%) increase in the option, shouldn't that increase = 0.75? An increase of 0.50 to 2.00 is an increase of 33.33%... no?