Delta of an option: The rate of change of the value of an option with respect to the price of the Underlier, evaluated at the current market price of the underlier.
Gamma of an option: The rate of change of the option's delta with respect to a change in the price of the Underlier. Gamma measures the sensitivity of a delta-hedged position in an option to changes in the price of the underlying asset.
Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...
Live out of your imagination, not your history. - Stephen Covey