In the previous video, we learned about delta, one of the option greeks. Delta helps you figure out the change in premium for a given change in the underlying price. But how do you figure out the rate at which delta changes? These where gamma comes in, it helps you figure out the change in delta for a given change in the underlying.
Check out this Varsity chapter to learn more about gamma: https://zerodha.com/varsity/chapter/gamma-part-1/
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