Greeks · 7 min

Rho in detail

Interest rate sensitivity. Small for short-dated options. Real for LEAPS. The Greek that resurfaced in the 2022 rate cycle and surprised a generation of traders.

In this lesson

Rho is irrelevant for 30 DTE trades
Rho matters on LEAPS
The 2022 lesson

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The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.

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