vegas

English translation: vegas

11:21 Sep 17, 2014
Portuguese to English translations [PRO]
Bus/Financial - Finance (general)
Portuguese term or phrase: vegas
Muitos dos modelos de risco consideram como cenário extremo uma variação de 6 vegas, no stress testing.
As volatilidades implicitas de longo prazo subiram cerca de 4 vegas.

What does "vegas" mean here?
Ana Costa
Portugal
Local time: 17:43
English translation:vegas
Explanation:
http://www.investopedia.com/terms/v/vega.asp
The measurement of an option's sensitivity to changes in the volatility of the underlying asset. Vega represents the amount that an option contract's price changes in reaction to a 1% change in the volatility of the underlying asset. Volatility measures the amount and speed at which price moves up and down, and is often based on changes in recent, historical prices in a trading instrument. Vega changes when there are large price movements (increased volatility) in the underlying asset, and falls as the option approaches expiration. Vega is one of a group of Greeks used in options analysis, and is the only one not represented by a Greek letter.

http://www.proz.com/?sp=gloss/term&id=17903437
risco de volatibilidade (ou vega) > volatility (or vega) risk
Selected response from:

Gilmar Fernandes
United States
Local time: 12:43
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1vegas
Gilmar Fernandes


Discussion entries: 2





  

Answers


55 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
vegas - URGENT FINANCIAL!
vegas


Explanation:
http://www.investopedia.com/terms/v/vega.asp
The measurement of an option's sensitivity to changes in the volatility of the underlying asset. Vega represents the amount that an option contract's price changes in reaction to a 1% change in the volatility of the underlying asset. Volatility measures the amount and speed at which price moves up and down, and is often based on changes in recent, historical prices in a trading instrument. Vega changes when there are large price movements (increased volatility) in the underlying asset, and falls as the option approaches expiration. Vega is one of a group of Greeks used in options analysis, and is the only one not represented by a Greek letter.

http://www.proz.com/?sp=gloss/term&id=17903437
risco de volatibilidade (ou vega) > volatility (or vega) risk

Gilmar Fernandes
United States
Local time: 12:43
Works in field
Native speaker of: Native in PortuguesePortuguese, Native in EnglishEnglish
PRO pts in category: 342
Notes to answerer
Asker: Thank you so much! :) It makes perfect sense now!


Peer comments on this answer (and responses from the answerer)
agree  Douglas Bissell: Also the only 'Greek' that is not actually from Greek!
2 mins
  -> Thanks Doug :)
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