1. What are Options Greeks & its use cases in brief:
Options Greeks are a set of calculations that are used to measure various factors that may affect the price of an options contract. This information helps to make an informed decision about which options to trade and when to trade them.
There are mainly four Greek risk measures, Delta, Gamma, Vega and Theta.
Delta: Delta measures the rate of change of options premium based on the movement of underlying security
Gamma: Gamma is the rate at which Delta changes. It helps forecast price movement in underlying security.
Vega: Vega is the rate at which the premium changes based on change in volatility
Theta: Theta is the measure of impact on premium based on time left for expiry, i.e. price decay with time.
2. New screen of Options Greeks on AsthaTrade TV Terminal and where to access
Search for any symbol:
Select the symbol to open its chart:
Right click on the chart and select Option Chain:
On the top of the navigation bar select the filter button that lies next to the Date:
5. Select the greek that you want to see in the option chain:
6. Refresh button:
The prices of options are auto refreshed. Use this button to refresh the greek values.
7. Filter view features
By clicking on Filter View, you can select the following:
Which all option greeks you want to see in the options chain
Choose how many options you want to see above and below ATM