Option Volatility Greeks-Vega,Volga & Vanna
3 mins read 1. What is Vega? Vega is the change in the value of the option with respect to change in volatility.
3 mins read 1. What is Vega? Vega is the change in the value of the option with respect to change in volatility.
3 mins read Since a spot, forward or future position is linear in its pay off it has no second order derivative. Options
3 mins read In earlier posts we have set the foundation for hedging in practice. We did this by calculating Option Price Sensitivities