### The Black and Scholes Model:

#### Delta:

Delta is a measure of the sensitivity the calculated option value has to small changes in the share price.

#### Gamma:

Gamma is a measure of the calculated delta's sensitivity to small changes in share price.

#### Theta:

Theta measures the calcualted option value's sensitivity to small changes
in time till maturity.

#### Vega:

Vega measures the calculated option value's sensitivity to small changes in volatility.

#### Rho: