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were going to start an entire series on the options Greeks one of the most important components of options trading is understanding the optimal environment to buy or sell or to understand if time is on your side and all of the components that make up an options premium the key to understanding this is really understanding the Greeks so join us as we do a deep dive into each individual Greek why do we study the Greeks first of all options pricing an option is priced by more than just the underlying security external factors affect the options price as well like time and implied volatility and the option Greeks can give us an idea by how much or the positive and the negative effects second is Strike selection so in order to comprise or create your option strategy we have to choose optimal strikes and expirations in addition to an optimal environment and we utilize the Greeks to help us choose and Define the contracts that were going to create with within our strategy and then the thir