19 lines
1.2 KiB
Plaintext
19 lines
1.2 KiB
Plaintext
Where to Find Option Greeks
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There are many sources from which to obtain greeks. The Internet is an
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excellent resource. Googling “option greeks” will display links to over four
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million web pages, many of which have real-time greeks or an option
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calculator. An option calculator is a simple interface that accepts the input
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of the six variables to the model and yields a theoretical value and the
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greeks for a single option.
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Some web sites devoted to option education, such as
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MarketTaker.com/option_modeling , have free calculators that can be used
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for modeling positions and using the greeks.
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In practice, many of the option-trading platforms commonly in use have
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sophisticated analytics that involve greeks. Most options-friendly online
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brokers provide trading platforms that enable traders to conduct
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comprehensive manipulations of the greeks. For example, traders can look
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at the greeks for their positions up or down one, two, or three standard
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deviations. Or they can see what happens to their position greeks if IV or
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time changes. With many trading platforms, position greeks are updated in
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real time with changes in the stock price—an invaluable feature for active
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traders. |