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Volatility Risk

The risk to the value of an asset, an investment, or a portfolio (e.g., a portfolio of options), that arises...

Forward Vol Agreement

An agreement that a seller and a buyer enter into in order to exchange a straddle option at a specific expiration…

Volatility Product

A financial product that belongs to a standalone and distinct class of products whose performance relates to the volatility of...

Forward Volatility Agreement

An agreement that a seller and a buyer enter into in order to exchange a straddle option at a specific...

FVA

An agreement (forward volatility agreement) that a seller and a buyer enter into in order to exchange a straddle option...