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