## Comment on Greek Interactions

Addendum to DELTA calculation:

I would like to be very transparent about my calculation as I have gained knowledge only from your portal.

At NIFTY 7346 , 7300PE DELTA : 0.4 Gamma: 0.002, GAMMA measures the rate of change of DELTA.So for an approx 100 point move, 100 x 0.002 = 0.2 Since I did not want to calculate the change for every 50 points , I took the average of 0.2 (ie 0.1) and applied it to the range and subtracted 0.1 from 0. 4 and arrived at the new DELTA of 0.3. I know It may sound crazy but hat is the way I did it.Somehow the results co- incided with the calculation pretty accurately. Boss You have to tell me wether this is correct or a mere coincidence. Based on your reply I would be able to take more rational decisions going forward