A second-order Greek is a second-order derivative of the option value with respect to some variable. Equivalently, it is the...
A risk measure for options which is computed by relating an option's theta to its gamma: Alpha = decay/ gamma...
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.