Paul Wilmott on Quantitative Finance, Chapter 7, The Greeks
http://www.youtube.com/watch?v=MoBoKlY7qEs
Black Scholes (Greeks) Applications
http://www.youtube.com/watch?v=eLiqgCtJZVU
Black-Scholes versus Binomial
http://www.youtube.com/watch?v=oTFHBKtDLw0
American Vs. European Options
http://www.investopedia.com/articles/optioninvestor/08/american-european-options.asp
HV and IV: Historical (realized) Volatility and Implied (forcasted) Volatility
Implied Volatility Explained
https://www.youtube.com/watch?v=El5umkAR19Y
meet the greeks: delta, gamma, theta, vega
http://www.optionsplaybook.com/options-introduction/option-greeks/
Delta
Delta
“As an in-the-money call option nears expiration, it will approach a delta of 1.00, and as an in-the-money put option nears expiration, it will approach a delta of -1.00.”
http://www.investopedia.com/terms/d/delta.asp
Delta One
“Delta One products are financial derivatives that have no optionality and as such have a delta of (or very close to) one – meaning that for a given instantaneous move in the price of the underlying asset there is expected to be an identical move in the price of the derivative. Delta one products can sometimes be synthetically assembled by combining options. For instance, you can be long a forward on WTI crude oil at price X by buying a X strike call and selling a X strike put.[1] Delta one products often incorporate a number of underlying securities and as such give the holder an easy way to gain exposure to a basket of securities in a single product.”
https://en.wikipedia.org/wiki/Delta_One