Word: vanna
Part of speech: Noun
Syllables: va
nna
Definition: A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the spot price, or equivalently the rate of change of delta with respect to changes in the volatility of the underlying asset.
Morphemes:
Affix: vanna
Language: en
PoS: Noun
Meaning: A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the spot price, or equivalently the rate of change of delta with respect to changes in the volatility of the underlying asset.