Options greeks ranked from worst to best, by someone who doesn't really understand options. 10. Rho -- worst sensitivity, very boring, mostly ignored except by people trading very long maturities (who you should not trust anyway)
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9. Delta -- very terrible and boring first-order sensitivity. Hedged by everyone except retail. May be driving the stock market now????? (unclear)
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Replying to @nope_its_lily @macrocephalopod
unlike all the rest delta tells you the weight of the options market on underlying liquidity, which *is* important
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Replying to @nope_its_lily
i mean you are literally the only person being subtweeted in this entire thread, i would take the w!
7:35 AM - 9 Feb 2021
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