[Verse 1] When options dance with market moves Three Greeks will guide you through Vega measures volatility's groove How price swings affect what's due When uncertainty starts to climb Your option's value starts to shine But when the market settles down Vega brings that value down [Chorus] Vega for the vol, Theta for time Rho for the rates that climb Three risk Greeks you need to know V-T-R, watch them flow Vega, Theta, Rho today Managing risk the trading way [Verse 2] Theta is the time decay Every passing day it steals Like ice cream melting away Time erosion always feels The closer to expiration The faster value fades For buyers it's frustration For sellers, profits made [Chorus] Vega for the vol, Theta for time Rho for the rates that climb Three risk Greeks you need to know V-T-R, watch them flow Vega, Theta, Rho today Managing risk the trading way [Verse 3] Rho responds to interest rates When rates go up or down Call options celebrate While puts may lose their crown Higher rates boost call values Lower rates help puts Understanding these cues Helps avoid trading ruts [Bridge] Long options fear the theta burn But love when vega's high Short options make their profits turn As time and calm go by Interest rates affect them all Rho tells you by how much Watch these Greeks both big and small Keep risk within your touch [Chorus] Vega for the vol, Theta for time Rho for the rates that climb Three risk Greeks you need to know V-T-R, watch them flow Vega, Theta, Rho today Managing risk the trading way [Outro] Volatility, time, and rates These three Greeks seal option fates Vega, Theta, Rho in mind Trading success you'll surely find
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