Options Greeks
A set of risk metrics (Delta, Gamma, Theta, Vega) that measure how an option's price responds to various factors.
Formula
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What are Options Greeks?
Options Greeks are risk metrics that measure how an option's price changes in response to different factors. TradesViz is the only online trading journal that provides spot Greeks for all options executions.
Learn more: Options Greeks Guide | Greeks Analysis | Options Intraday Charts
The Four Primary Greeks
| Greek | Measures | Range |
|---|---|---|
| Delta | Directional exposure (price change) | -1 to +1 |
| Gamma | Rate of Delta change | 0 to infinity |
| Theta | Time decay (daily erosion) | Negative for longs |
| Vega | Volatility sensitivity | Positive for longs |
Why Greeks Matter for Journaling
A trading journal with Greeks lets you analyze:
* Your directional bias at entry vs exit
* How much time decay affected your P&L
* Whether volatility helped or hurt
* Entry timing relative to Greek exposure
TradesViz Greeks Features
- Spot Greeks: Calculated at the exact time of each execution
- Black-Scholes Model: Industry-standard pricing model
- Automatic Generation: Greeks auto-calculated for imported trades
- Manual Generation: Recalculate button for manually added trades
- Account-wide Generation: Bulk generate for all historical trades
How to Generate Greeks
- Individual trade: Click Recalculate on the trade explore page
- Account-wide: Go to Account Settings and click Generate Greeks
- Auto-import: Greeks are generated automatically for imported trades
Portfolio-Level Greeks
The Options Command Center aggregates Greeks across all open positions, showing Net Delta, Gamma, Theta, and Vega for your entire portfolio.