Wealth Hunter Inc – Options Olympus
What You’ll Learn In Options Olympus
What is Option Delta- Tired of wondering how your trades make money? (Or how they don’t?) Delta is what you’re missing! You will learn a simple trick to memorize what Delta does for easy recall wile trading! No more headaches, and certainly no more confusion and frustration! Let’s get you profitable!
What is Option Gamma- No, Gamma is not a numerical representation of the number of frat boys you kissed last summer. But it is vitally important when you’re playing at the money! Although the sorority sisters may disagree, loving your Gamma is a-okay.
What is Theta- This ain’t Stomp the Yard, and I’m not Chris Brown, but I know how to make you step to low Thetas! (Bad joke? Ahhh.) You’ll learn about what makes an options contract a depreciating asset in this section!
What is Vega- Are you tired of predicting a stock move correctly and STILL losing money? Are you tired of sweating like a snitch every time you swing through earnings? Well if you knew what Vega was and why it mattered, you wouldn’t have to worry. But it’s all good, this Vega lesson is for you! No more stress!
What is Rho- Rho’s lesson is so short, I’ll just tell you what it does now: “Rho is simply a measure of the adjusted amount of the contract’s price relative to the interest rate.” Direct quote from my mouth. If you don’t know what that means, congratulations. You probably had a girlfriend in college. If you do know what it means, go ahead and turn the laptop buddy. Go get some sun and do a few push ups…Nerd.
The Stock Movement Formula- You see all of these words and Greeks and finally know what they mean, but that’s not enough for us. We want to take it to the next step. How do we know if it’s sensible to hold our contract? How do we know if our Greeks are still “good”?
