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Option Greeks

Option prices are influenced by several factors, measured through the Greeks:

Delta: Measures how much the option price changes with a ₹1 move in the underlying.

Gamma: Measures how Delta changes as the underlying price changes.

Theta: Measures time decay (how the option loses value daily).

Vega: Measures sensitivity to volatility changes.

Rho: Measures sensitivity to interest rate changes.

Traders use these Greeks to manage risk and plan strategies.

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