DvegaDvol en · NOUN
Etymology
From the mathematical formula (∂𝒱)/(∂σ), the partial derivative of vega (𝒱) with respect to volatility (σ), pronounced as "D vega (by) D vol(atility)".
Meanings
- (uncountable) A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the volatility of the underlying asset.
Hypernyms
Greeks (measure of derivative price sensitivity)
Synonyms
vega convexity · vomma · volga