Bull Call Spreads
[Debit]
Bull Put Spreads
[Credit]
Bear Call Spreads
[Credit]
Bear Put Spreads
[Debit]
Call Butterflies
[Short ATM, Long OTM]
Call Butterflies
[Long ATM, Short OTM]
Put Butterflies
[Short ATM, Long OTM]
Put Butterflies
[Long ATM, Short OTM]
Iron Butterflies
[Short ATM, Long OTM]
Iron Butterflies
[Long ATM, Short OTM]
Iron Condors
[Long Inner, Short Outer]
Iron Condors
[Short Inner, Long Outer]
Straddles
[At-The-Money]
Historical Price Return Distribution Report
Forward-Looking Earnings Dates Report
Recent Dividend Announcements and Guidance Report
Future Ex-Dividend Dates Report
Option Order Flow Sentiment Screener
Week-by-Week ATM Straddle Performance Report
Symbol ATM Straddle Performance
Seasonality Screener By Calendar Month
Seasonality Monitor By Calendar Month
Earnings Stock Pattern Screener
Earnings Option Strategy Screener
Event-Driven Historical Insights
At-the-Money Option Straddle Screener
Rho measures the sensitivity of an option price to changes in interest rates. It is the expected change in premium for each 1% change in interest rate, typically the "risk-free" rate (US Treasury Bill). As interest rates increase, the value of calls increases (a positive Rho value) and puts decrease (a negative Rho value).
For short term options, Rho is not as important. However, LEAPs options are more sensitive to interest rate change effects.
MarketChameleon.com displays the Rho in the custom columns of the stock’s Option Chain page, the "Option Greeks" tab of the Covered Calls Screener and the "Option Greeks" tab of the Naked Puts Screener .
Consider a hypothetical stock that’s trading exactly at its strike price of $100. The $100 calls and the $100 puts are both be exactly ATM. You might see the calls trading at a price of $1.00, while the puts may trade at a price of $0.90. When interest rates are low, the difference between call and put premiums will be small. As interest rates increase, this difference will get larger.