Which Greek is called delta decay?
ACharm
BVanna
CSpeed
DVomma
Answer & Solution
Correct answer: A. Charm
Charm measures the instantaneous rate of change of delta over the passage of time.
Keep practising Option (Finance)
Browse all Option (Finance) questions for CA Final, or explore more Strategicfinancialmanagement topics.
Related questions
When is charm especially useful for a delta-hedger?Which Greek is most important for an at-the-money straddle?Speed measures the change in gamma with respect to what?Which Greek is also known as vega convexity?Gamma is classed as which kind of Greek?Which Greek measures sensitivity to the interest rate?Which Greek measures the time decay of an option?What happens to call and put values when volatility rises?