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The Greeks measure unique dimension to the risk in a possibility posture along with the intention from the trader is to manage the Greeks so that every one risks are appropriate. Or we can say Greeks are sensitivities to individual market variable. Sensitivity is practically nothing but threat in certain variety or one other.
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In the event the gamma is little, delta variations slowly but surely, and changes to maintain a portfolio delta neutral must be designed only somewhat occasionally. even so if Gamma is highly destructive or hugely favourable, delta is extremely delicate to the cost of the fundamental asset.
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