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Kappa
(redirected from Kappas)

   Also found in: Dictionary/thesaurus, Medical, Wikipedia 0.01 sec.
Kappa
The ratio of the dollar price change in the price of an option to a 1% change in the expected volatility.

Kappa
In options, the ratio of a price change of a contract to a 1% change in the volatility of the underlying asset. Generally speaking, option prices increase when volatility increases. The option's kappa is used in regression analysis.


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Got a lot of folks, smart folks, analyzing the situation on the ground, and, of course, briefing us on different possibilities that could develop in the area and the region," he said with CIA Director Michael Hayden and Deputy Director Steve Kappas at his side.
Important strides on the subject were then made by the likes of John Kappas, Ormond McGill, Milton Erickson and Dave Elman.
 
 
 
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