Greeks

Gamma

Gamma indicates by how much Delta will change if the price of the underlying instrument changes by 1 point. Gamma, thus is the second derivative of the option price to the underlying instrument’s price.
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Vega

The Vega coefficient indicates by how much will the option’s premium change if the variability (volatility) of the underlying instrument changes by 1 percentage point (1%).
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Rho

The Rho coefficient indicates by how much will the premium change (option value) if the interest rate of the quoted currency (the second currency in the currency pair) changes by 1 percentage point (positive for options gaining on price increases).
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Delta

Delta is the most popular Greek factor that indicates by how much will the option valuation change (option premium amount), if the value of the underlying instrument changes by 1 point (the marginal increase in price to the marginal increase of the exchange rate).
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Theta

The Theta coefficient indicates by how much will the price change (the premium) if 1 unit of time elapses (on the Option Trader platform the unit of time is 1 day).
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