A portfolio of options which has a vega of zero. That is, the option combination implies a neutralized vega. This...
The amount of change in the price of an option in response to a 1% change in volatility of the...
An option sensitivity measure (a second-order greek) that captures the second order sensitivity of an option to the volatility of...
The sensitivity of vega (kappa) to a change in the underlying price of an option contract. That is, it is...
An option sensitivity measure (a second-order greek) that captures the second order sensitivity of an option to the volatility of...