Glossary
Black-Scholes
The Black-Scholes model, aka the Black-Scholes-Merton (BSM) model, is a differential equation widely used to price options contracts.
Vega
Vega is the sensitivity of a particular option to changes in implied volatility.
The Black-Scholes model, aka the Black-Scholes-Merton (BSM) model, is a differential equation widely used to price options contracts.
Vega is the sensitivity of a particular option to changes in implied volatility.