Option greeks, translated into what happens to your account
Delta, gamma, theta, vega and rho read in cash and equivalent shares, not per share. The real units of each, and why a strategy's greeks get added up before you open, not after.
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What to know before picking a broker or writing the first line of automation. No figures that go stale.
Delta, gamma, theta, vega and rho read in cash and equivalent shares, not per share. The real units of each, and why a strategy's greeks get added up before you open, not after.
ReadWhat that percentage computes, the five assumptions it hides, and why a 90% probability can be a negative-expectancy trade.
ReadThe beta-weighted hedge ratio formula, why micros are what let you actually tune it, and the four things a hedge does not do however often it is credited with them.
ReadWhat rolling is, the month codes, why your chart gaps on a trade nobody made, and why in physically delivered contracts the critical date is First Notice Day, not expiry.
ReadThey all run on the same rails (Rithmic, Tradovate, NinjaTrader). What separates them is how the drawdown trails, the consistency rule and how payouts work. No prices that go stale.
ReadAn honest comparison of the three: who owns whom after Kraken bought NinjaTrader, what API each exposes, and which one fits what you actually trade.
ReadThe formula, the CME multipliers worth keeping in front of you, and why a smaller account should almost always size in micros. With a worked example.
ReadIBKR has three APIs, not one. What each does, which you need for the job, and what changes with the merge into a single Web API with OAuth 2.0.
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