## The Volatility Edge
Indian markets are unique due to their high retail participation and structural volatility.
In this guide, we explore how professional traders use Option Greeks to hedge their portfolios
and capture alpha in NSE derivatives...
### Delta: The Directional Sensitivity
Delta measures how much an option price moves given a ₹1 change in the underlying index...
### Theta: The Time Decay
For option sellers in India, Theta is the primary friend. With weekly expiries for BANKNIFTY,
time decay acceleration on Tuesdays and Wednesdays is a critical factor...