If I trade an option using delta, vega, Prob OTM, etc. these are derived from a model. How do leading models impact valuations in terms of the Greeks?
I suppose to form a baseline it would have to be relative to Black-Scholes.
CRS Process Model, Heston Model,
[CGMY] Model. For example, does the Heston model generally depreciate the delta of a call option relative to what BSM would predict? Can any descriptions of the models be learned from these comparisons?