Lambda

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Lambda

The ratio of a change in the option price to a small change in the option volatility. It is the partial derivative of the option price with respect to the option volatility.
References in periodicals archive ?
Tsubaki Xceeder[R] Lambda chain, with patented felt seals for preventing particulates from entering the critical pin-bushing area, also utilizes the new bushings and continues to provide maximum performance and wear life.
In light-chain staining, kappa chain was entirely negative, but lambda chain was positive in the peripheral capillaries (original magnification x400).
However, one of the major European sawmill businesses found a solution in the form of Tsubaki's Lambda chain that has significantly cut maintenance costs and improved productivity.