Watch Option Greek Gamma The Driver for Delta
- 2017
- 17 min
Gamma is the second derivative of Price, and the first derivative of Delta. Gamma represents the rate of change of Delta, and Delta represents the rate of change of Price. If this sounds confusing, please understand every Options trader has a challenge with Gamma, and it sinks in only over time. Hopefully this class on Gamma will go a long way in helping get a grasp of Gamma.