It’s only when a major market move hits that you can truly tell how effective an options risk management system is. In the past, when reviewing an account, I only knew how much profit I’d made that day. Now, with Pro Risk Analytics, I can break down the daily P&L directly into: Delta, Gamma, Theta, Vega, Skew, Smile, and the Residual—which the model cannot explain. On the day Bitcoin surged, the account made money through bull spreads and futures, but typically you can only see the total P&L. The most valuable insight isn’t this number—it’s being able to answer: Was this profit driven by Delta? Or by Gamma, Skew, or Smile? How much of it does the model explain? How much of the P&L remains unexplained? Especially during periods of extreme volatility in BTC, this type of P&L attribution and SABR Greeks exposure becomes extremely valuable. It goes beyond “how much was made today” to reveal “why it was made and where the risks lie.” For options traders, this is what truly constitutes useful risk analytics.(Greeks.live)