Nifty Bank Option Price & Option Greeks

An option buyer should always consider the strike price of the option as well as the underlying price of the security/Index as they help in understanding the exact profitability as well as the intrinsic value of his/her underlying asset. The prices of options are majorly affected by factors like dividend and interest rates, volatility, Intrinsic and underlying prices as well. Thus, an option buyer should conduct various studies and analyse each factor before entering into an Option contract. Option Greeks such as Delta, Gamma, Theta, Vega and Rho can help an option buyer to understand and analyse the above-mentioned factors and thus can have a greater impact on his/her decision-making regarding option Contracts. Our research mainly concentrates on understanding and application of Option Greeks on the Option contracts of NIFTY BANK INDEX and its benefits for such option buyers.