Knowledge Base
Ranker Calc: Gamma-Theta Ratio
Last Updated: May 20, 2022

Article

Gamma-Theta Ratio

How are Criteria used in the Brutus Ranker?

Criteria are used in the Brutus Options Ranker with an objective specific to your strategy's goal.  The objective can be to minimize, maximize, or target the criterion to a specific value.  The criterion's measure can also be used to filter trades out of your results.  This knowledge-base article gives you a preview of the Gamma-Theta Ratio calculation details, but the full details can only be viewed inside the app.
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Ranker Calculation – Gamma-Theta Ratio

Trade gamma divided by trade theta. Ratio gives indicator of the gamma risk vs. the time decay potential.

Scope

Contract|spread Scoped

Measurement Type

Options Measure

Membership Access

Premium

How to Use In Your Brutus Options Ranker Strategy

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View More in the Ranker App

This knowledge-base article is only a preview of the Gamma-Theta Ratio criterion calculation.  View more in the Brutus Options Ranker App.  No registration required.
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