Weekend The Options Greek You Use More Than Any Other, Explained Three Ways

Episode three of Know Your Options, and Dr. Jim Schultz tackles the Greek traders reach for more than any other: Delta. Speaking directly to the beginner, he lays out the three distinct ways to use it. First, the textbook one most classrooms stop at, Delta as the measure of how much an option's price moves when the stock moves. He was a finance professor before the network, and he is candid that this is usually where the teaching ends. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Welcome to episode three 01:10 The Greek we all use most 02:02 The three ways to use Delta 03:14 How Delta is taught in school 04:00 Use one, the price move 06:30 Reading it on a live option 09:00 Use two, the probability gauge 12:30 Why traders lean on this one 15:00 Use three, the share equivalent 18:30 Tying the three together 20:30 Questions from the chat #tastylive #knowyouroptions #delta #optionsgreeks #optionsforbeginners #probability #optionseducation #optionsstrategy #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.