Greeks can be seen on the platform in the trade ticket under the FX option.
Option Greeks
- Delta: Shows the equivalent FX Spot exposure of a given position. This is the sensitivity of a position’s value with respect to the spot rate.
- Gamma: This is the second derivative of the position value with respect to spot, i.e. it shows how much the delta changes when the spot changes (i.e. how much will the delta change when the spot moves up by one percentage point.
- Vega: Sensitivity of a position with respect to the implied volatility used to price FX Options. This shows how much money is made (positive number) or lost (negative number) when volatility goes up by one percentage point.
- Theta: Also known as time decay. This shows how much the position will increase or decrease in value from one day to the next.
Viewing FX Option Greeks on the platform
The FX Option Greeks are visible in the trade ticket and option chain.
You can also view FX Option Greeks for the existing FX Options positions - simply right-click on the position line and choose Greeks.
To view the Greeks of your FX Options portfolio, open Forex Options Reports.
SaxoTraderPRO: Add Module > Other > Forex Options Reports
SaxoTraderGO: Account > Other > Forex Options Reports