Kappa

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Kappa

The ratio of the dollar price change in the price of an option to a 1% change in the expected volatility.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Kappa

A Finnish unit of volume approximately equivalent to 5.5 liters. It became obsolete when Finland adopted the metric system in 1880.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved