The language of derivatives (such as delta, DV01, vega, gamma, notionals, vol-vol, fugit, etc) may be hard and confusing to…

The expected time to exercise an American option. It also refers to the probability of early exercise on an American option. In other...

An abbreviation for keep it simple, stupid!. The language of derivatives (such as delta, DV01, vega, gamma, notionals, vol-vol, fugit,...

The probability of early exercise on an American option. In other words, it refers to the amount of time that is left until...