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Options Greeks Calculator

Calculate the Greeks to measure option price sensitivity to various factors.

Options Greeks Calculator

Understanding the Greeks

Delta (Δ)

Measures how much the option price changes for every ₹1 change in underlying price. Ranges from 0 to 1 for calls, -1 to 0 for puts.

Gamma (Γ)

Measures the rate of change of delta. Higher gamma means delta changes faster when underlying moves.

Theta (Θ)

Measures time decay - how much the option loses value each day as expiration approaches. Negative for long positions.

Vega (ν)

Measures sensitivity to volatility changes. Higher vega means option price is more sensitive to IV changes.

Rho (ρ)

Measures sensitivity to interest rate changes. Generally has smallest impact on equity options.

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