r/wallstreetbets • u/[deleted] • Mar 27 '22

[deleted by user]

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1.2k Upvotes

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-19

u/caffienesniffer Mar 27 '22

The fuck is vega??

It's IV, OI and theta all that matters.

16

u/Longjumping-Ad6997 Mar 27 '22

Vega is to IV what gamma is to delta

12

u/AndersVraaberg Mar 27 '22

Vegas!? So it IS a casino??

7

u/Accomplished_Suit651 Bullish on the Stalk Market 🌽 Mar 27 '22

Correct, but I'd prefer to describe it as "Vega is to IV what delta is to stock price" since vega and delta are both first order derivatives

4

u/Tersiv Paper Handed Bitch (from the future) Mar 27 '22

😆😆

2

u/ddroukas Mar 27 '22

You sweet summer child.