Glossary/ Options
Options
Vega
How much an option price moves for a one-point change in implied volatility.
Where this comes up
Lessons that use the term in context, which is usually more useful than the definition on its own.
- Vega and implied volatility — The part that moves your option when price does not.
- Vertical spreads — Capping both ends on purpose, and what it costs.
Nearby terms
Open interest · Option chain · Payoff diagram · Premium · Put option · Rollover