Final value Calculator

Lambda tells what ratio of leverage the option will provide as the price of the underlying asset changes by 1%. Lambda is a measurement considered to be one of the "Minor Greeks," and it isn't widely used because most of what it identifies can be discovered by using a combination of the other option Greeks. However the information it provides is useful for understanding how much leverage a trader is employing into an option trade. Where leverage is a key factor for a particular trade, lambda becomes a useful measure.