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An Introduction to The Greeks from McMillan Analysis on Vimeo.

Learn how your option positions will react to changes in price, time, volatility, etc

Please join Stan Freifeld, Director of Corporate Services at McMillan Analysis Corp., as he explains the basics behind The Greeks. Just like you wouldn't (or at least shouldn't) drive a car without the proper gauges and indicators, you shouldn't manage an options position without the Greeks. Think of the Greeks as your positions' gauges. In this session, Stan will define them and show how they are used to determine how an options position will react to changes in the underlying price, time to expiration, volatility and the risk free rate of return.

Recorded March 1st, 2012

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HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

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