An abbreviation for volatility of volatility, which is a statistical concept implying that volatility of of a series of random...

A ratio that relates the implied volatility of a security to its recent historical volatility: Volatility ratio = implied volatility...

An option which expires after more than a year (e.g. 1, 2 or 3 years). Traders buy long-dated options with...

A conditional variance swap (also a corridor variance swap) in which realized volatility accrues when the underlying remains below a...

A conditional variance swap (also a corridor variance swap) in which realized volatility accrues when the underlying remains above a...

The volatility of volatility. A measure of volatility which supposes that volatility is a random market risk variable, rather than...

A position in options (a situation/ relationship expressed originally as vega) in which any increase in the implied volatility of...

A range note (a type of structured note) that is embedded with a call option. The embedded option allows the...

An acronym for callable range accrual note, which refers to a range note (a type of structured note) that is...

As a volatility derivative, it is an agreement (swap) that entails exchanging the realized volatility between the time of entering...