| Strategy | Delta | Gamma | Theta | Vega |
| Long Stock | + | N/A | N/A | N/A |
| Short Stock | – | N/A | N/A | N/A |
| Long Call | + | + | – | + |
| Long Put | – | + | – | + |
| Short Call | – | – | + | – |
| Short Put | + | – | + | – |
| Long Straddle | N/A | + | – | + |
| Long Strangle | + | + | – | + |
| Short Straddle | N/A | – | + | – |
| Short Strangle | N/A | – | + | – |
| Bull Spread | + | – | – | – |
| Bear Spread | – | – | – | – |
| Calendar Spread | N/A | – | + | + |
