An Option Greeks Primer: Building Intuition with Delta Hedging and Monte Carlo Simulation Using Excel

Trading requires a combination of intuition, discipline and process. Of the three, intuition is the most difficult to teach. While individual intuition can be built over years of experience, there are tools that make it easier to pick up and transfer intuition faster. Furthermore, a lack of intuition and over-reliance on computational schemes is considered one of the key contributors to the financial crisis.

This book provides a hands-on, practical guide to delta hedging and Greeks, wi…