Meanings
- uncountablebusinessA second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the spot price, or equivalently the rate of change of delta with respect to changes in the volatility of the underlying asset.
Synonyms: DvegaDspot, vanna
Synonyms & antonyms
nounA second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the spot price, or equivalently the rate of change of delta with respect to changes in the volatility of the underlying asset.
Origin
From the mathematical formula (∂Δ)/(∂σ), the partial derivative of delta (Δ) with respect to volatility (σ), pronounced as "D delta (by) D vol(atility)".
Full word history & related roots →Cite this entry
DdeltaDvol. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/DdeltaDvol
“DdeltaDvol.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/DdeltaDvol. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “DdeltaDvol,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/DdeltaDvol.
Source: DdeltaDvol on Wiktionary, CC BY-SA 4.0.