**Gamma Definition**
https://www.investopedia.com/terms/g/gamma.asp

Gamma is the first derivative of delta and is used when trying to gauge the price movement of an option, relative to the amount it is in or out of the money. In that same regard, gamma is the second derivative of an option's price with respect to the underlying's price. When the option being measured is deep in or out-of-the-money, gamma is small. When the option is near or at the mo…

Gamma is the** first derivative of delta** and is used when trying to** gauge the price movement of an option,** relative to the amount it is in or out of the money. In that same regard, gamma is the second derivative of an option's price with respect to the underlying's price. When the option being measured is deep in or out-of-the-money, gamma is small. When the option is near or at the mo…

**DA:** 35 **PA:** 45 **MOZ Rank:** 4