vega |
| noun
- (Financial markets jargon) A measurement of the sensitivity of the value of an option to changes in the implied volatility of the price of the underlying product.
Etymology: Perhaps chosen arbitrarily as a word beginning with "v" (for "volatility") that sounds as if it could be a Greek letter (like the related risk parameters "delta", "gamma" etc.)
Supplemental Details:Sponsor an extended definition for vega for as little as $10 per month. Click here to contact us.
|