Hedge Calculator
How much spot or perp to buy or sell to make a crypto options strategy delta neutral, and the gamma and vega left over.
HEDGECrypto option strategies only.
Typing it
HEDGE>HEDGE
Opens the calculator. Pick a saved BTC strategy to see the hedge.
What you see
- From saved / Manual. Load net greeks from a strategy saved in STRATEGY, or type delta, gamma and vega yourself.
- Hedge via SPOT. BUY or SELL spot in coin units, with the USD notional.
- Hedge via PERPS. The same hedge in perp contracts, using the Contract notional field.
Good to know
- Delta only. To neutralize gamma or vega, add an option leg in STRATEGY.