Delta is the slope of an option's payoff curve, and gamma is the rate at which that slope is changing (steepening or flattening), together describing how an option's behavior changes as the underlying price moves.
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Speaker
Patrick CeresnaEvidence Quote
“this slope is change is the Delta of the option and the rate of which that slope is steepening or flattening it's steepening or flattening at the rate of gamma”
Created: 8/10/2026, 11:03:13 PM
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