Let me add one word symbol is 1 percentile {%} I go for 1% premium earn  to a month sell put options with a sell put strike price lower why because the IV is lower and so the chances of getting it assigned to me is low for me 1% profit sometimes people laugh at me earn 1% -1.5% only a month but I value winning more than potentially high profits . $Manulife(MFC)$ $SPDR S&P 500 ETF Trust(SPY)$ 

1. Delta (Δ): Delta measures the sensitivity of an option's price to changes in the underlying asset's price. It indicates how much the option's price is expected to change for a $1 change in the underlying asset's price.

2. Gamma (Γ): Gamma represents the rate of change of an option's delta concerning changes in the underlying asset's price. It measures how delta itself changes as the underlying asset price moves.

3. Theta (Θ): Theta measures the rate of time decay of an option's value. It indicates how much the option's price is expected to decrease as time passes, assuming all other factors remain constant.

4. Vega (ν): Vega quantifies an option's sensitivity to changes in implied volatility. It measures how much an option's price is expected to change for a 1% change in implied volatility.

5. Rho (ρ): Rho measures an option's sensitivity to changes in interest rates. It reflects how much the option's price is expected to change for a 1% change in interest rates.

6. Lambda (λ): Lambda is less commonly used than the other Greek letters, but it represents the percentage change in an option's delta for a 1% change in the price of the underlying asset.

These Greek letters are vital for options traders and investors to assess and manage risk, construct strategies, and understand how options respond to market dynamics.

@MillionaireTiger @Daily_Discussion @TigerStars Do feature me thanks For the new word I created 

# Describe greek letter of options in one sentence!

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  • cheerzy
    ·2023-09-10
    TOP

    noob question here... are high interest rates still helping insurance companies? It used to be the case but I haven't seen any correlation this time around.

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    • Optionspuppy
      Nope people scared of the propertyu counyer default
      2023-09-11
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  • pixiezz
    ·2023-09-10
    TOP

    MFC還能回到40美元嗎?我認爲它最需要公關

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    • Optionspuppy
      我不需要它去那裏
      2023-09-11
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  • vippy
    ·2023-09-10
    TOP

    What’s your exit price on this one? I think once it hits 27-28. If it does. It can never seem to get above 26

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    • Optionspuppy
      Nope i sell call la
      2023-09-11
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  • mizzle
    ·2023-09-05
    TOP

    It is no secret SPY performs the worst in September. According to seasonality data, the SP500 returns an average (10 Years) of -1.64% in September. From current prices, -1.64% drawdown is roughly at $443, the same area(s) as my short targets at the 50 SMA and 200 EMA.

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  • choppa
    ·2023-09-11
    Great ariticle, would you like to share it?
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  • choppa
    ·2023-09-05
    Great ariticle, would you like to share it?
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  • ColinThorndike
    ·2023-09-05

    The accounting rules for Life insurance companies has changed since Jan 2023. Based on the new rules, profits are distributed in longer period. Which means life cos like MFC will have more sustainable income with less fluctuations in longer future but for the start they need to reverse some previous retained earning. This is the cause for book value drop in MFC and all other life Cos.

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  • fizzik
    ·2023-09-05

    MFC通常看起来很好,因为它看起来不贵,但是在频繁的分析师推荐之后很少有后续行动。如果你拿着它,祝你好运。

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  • AugustineMac-
    ·2023-09-05

    I have owned it for years as essentially a sleeper stock. You never hear about it, but that great dividend always comes through. Long MFC

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  • wigglyz
    ·2023-09-10

    The reason Warren Buffet is successful is his ability to find stocks other people can't evaluate properly.

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  • zookie
    ·2023-09-05

    SPY continueing run in small range. so far i can see spy is in overbought range right now. Can correction anytime.

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  • bubblyx
    ·2023-09-10

    下一次红利增长很快就会到来。股票价格将随之而来。

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  • Aqa
    ·2023-09-05
    Liked, shared, comment and support!👍🏻
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  • VivianChua
    ·2023-09-05
    Nice 💚 💚 💚
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