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On Volatility Trading & Option Greeks

International Journal of Financial Management

Volume 7 Issue 1

Published: 2017
Author(s) Name: J. P. Singh | Author(s) Affiliation: Prof, Department of Management Studies, Indian Institute of Technology, Roorkee, Utarakhand, India
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Abstract

Commensurate with this exponential growth in the depth and breadth of derivative markets and the range of financial products traded therein, there needs to be developed a comprehensive mathematical framework to support the, hitherto, empirically established features of trading strategies involving these instruments. It is the objective of this article, to provide a mathematical backup for the various properties of volatility trading strategy using call options. Additionally, an attempt is made to elucidate the implications of behavior of various option Greeks on volatility trading.

Keywords: Financial Derivatives, Trading Strategies, Option Greeks, Black Scholes Model, Volatility Trading

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