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Delta and His Greek Buddies

By Mike Parnos, Online Trading Academy’s Options Therapist*

Let the beat, and your education, go on. In this article, I’m going to talk about the Greeks. First, there was Zorba. Then, there were Aristotle and Sophocles. Okay, maybe Aristotle and Sophocles came first. What's a few thousand years one way or the other?

No. Seriously now. Delta is an interesting concept and an important one. It's actually a measurement. It measures how much the value of a call option increases when the underlying asset goes up $1.00.

Tunnel Vision: The Stealth Affliction of Active Traders, Part 2 of a 2-Part Series: What is It? What Can You Do about It?

By Richard L. Muehlberg*
Posted: June 27, 2008

(Recap: In part one of this series, I explored induced tunnel vision and reactive tunnel vision among traders. Induced tunnel vision is the phenomenon of a trader making wrong decisions based on too little information or the wrong information. Reactive tunnel vision is the phenomenon of a trader fixating on a fraction of his / her available information. I cross-referenced these conditions with physiological and psychological studies from law enforcement. I concluded by briefly presenting solutions. I will now detail solutions.)

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