... 68, 176–177, 185 , 454gamma, 176– 180 , 185 risk assessment, 176, 179– 180 theta, 69, 176, 1 78 180 , 185 , 314,454time decay and, 180 – 181 , 185 vega, 176, 1 78 181 , 185 – 186 volatility and, 181 – 185 Green ... 289 breakeven, 288 – 289 , 292, 306, 526bullish, 289 case study, 289 –292defined, 472example of, 287 exit strategies, 287 – 288 , 306market opportunity, 289 , 292, 526overview of, 180 – 181 , 286 – 287 , 289 , 292, ... 50–51, 286 characteristics of, 38, 44delta neutral trades, 167–170,172–173, 188 – 189 , 191–194, 211,226, 229, 231–232, 244, 255,257–.2 58, 260–261, 312–314,317–3 18, 327Greeks and, 1 78 180 , 185 puts,...