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Introduction of gamma value
Options are usually used to represent, θ value, vega value, rho value, etc. γ (γ) reflects the influence of futures price on delta value, and delta value is the ratio of delta change to futures price change. If the delta of an option is 0.6 and the gamma value is 0.05, it means that the futures price rises by 1 yuan, resulting in the delta rising by 0.05. Delta will increase from 0.6 to 0.65.