### Comment:
I only buy slightly OTM (see one of my other comments) on stocks I think will move in the right direction and never closer than 1 month out to give me time. However, the Greeks are still a slight mystery to me (delta is easy enough to grasp) but the others confound me still. sometimes a luck out and buy in and see gains even if the stock moves in the 'wrong' direction but often the opposite is true and I know it's because I've misread the greeks.

### REPLY:
Do you know calculus? If so, it's easy. 
  
 Delta = 1st derivative of price 
  
 Gamma = 1st derivative of delta/2nd derivative of price 
  
 Theta = 1st derivative of time. Think of this as the amount of value options lose each day. 
  
 Vega = 1st derivative of implied volatility 
  
 Rho = You're dealing with equity options. Fuck rho.

### END.