Super Finance Glossary
Over 10,000 financial glossary terms...
Gamma
Gamma
Definition: The ratio of a change in the option delta to a small change in the price of the asset on which the option is written.
Definition: The ratio of a change in the option delta to a small change in the price of the asset on which the option is written.
Gamma
Definition: The rate of change of an option's delta with respect to underlying price. The second derivative of option value with respect to underlying price. Also referred to as an options curvature. See also Greeks.
Definition: The rate of change of an option's delta with respect to underlying price. The second derivative of option value with respect to underlying price. Also referred to as an options curvature. See also Greeks.
