Omega


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Omega

A measure of the change in price of an option relative to a percentage change in the price of the underlying asset. For example, if an option contract has an omega of 3.5, its price increases 3.5% for every 1% of change in the price of the underlying. Omega is also known as speed. It is calculated as a derivative of the option's gamma. See also: Delta, Volatility.
References in periodicals archive ?
Omega produces and distributes premium, Ready-to-Drink (RTD) functional beverages.
How a partnership with dive company Comex gave birth to the Omega PloProf