DvommaDvol

English

Etymology

From the mathematical formula ${\frac {\partial vomma}{\partial \sigma }}$, the partial derivative of vomma with respect to volatility (σ), pronounced as "D vomma (by) D vol(atility)".

Noun

DvommaDvol (uncountable)

1. (finance) A third-order measure of derivative price sensitivity, expressed as the rate of change of vomma with respect to changes in the volatility of the underlying asset.

Synonyms

• ultima

Hypernyms

• (measure of derivative price sensitivity): Greeks (includes list of coordinate terms)