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Nasdaq Options Greeks & Implied Volatility

Unique analytical insights on the impacts of price movements increasing transparency and efficiency in quantifying and managing risk.

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Options Greeks & Vols provides real-time option analytics including theoretical prices and implied volatilities throughout both the regular and extended hours trading sessions.

Nasdaq consumes real-time Level 1 market data for options and their underliers, driving continuous pricing and calibration from quotes and trades to power real-time solutions.

Data Points Include:

Delta
Compares the rate of change between the underlying asset's price and the option instrument’s price

Gamma
Provides the rate of change for an option instrument’s delta value based on a single point move in the underlier's price

Rho
Measures the price change for an option instrument relative to a change in the risk-free rate of interest

Vega
Measures an option instrument’s change in price relative to a single point move in implied volatility of the underlying instrument

Theta
Represents the rate of decline in the value of an option instrument over time as the expiration date approaches

Implied Volatility
Provides the market forecast of expected movements in the underlying instrument over the duration of the option instrument’s life

Theoretical Price
Provides an estimated price of an option instrument that can be used alongside market prices

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Key Benefits

Full Coverage

Full OPRA instrument coverage

Real-Time

Streaming real-time options analytics, including Theoretical Prices and Implied Volatilities

Deeper Insights

Analytics used to improve price discovery, trading/execution, and risk management

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