Greeks

Charm

Rate of delta change over time

What is Charm?

Charm A second-order Greek measuring how delta changes as time passes. Also called delta decay. Important for understanding how directional exposure shifts over time.

Complete Definition

A second-order Greek measuring how delta changes as time passes. Also called delta decay. Important for understanding how directional exposure shifts over time.

Related Terms

Delta Theta Greeks

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CBOE (Chicago Board Options Exchange) All Terms Charm Decay

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