Speed

Speed

The rate at which the gamma of an option or warrant will change in relation to underlying price in the underlying market. More specifically, it is the third order derivative of an options value to price. A high speed value indicates that gamma is more sensitive to moves in price of the underlying asset.

Speed is used by investors who utilize both delta-hedging and gamma-hedging option trading strategies, and provides the investor with information on the vega or delta of an option per year (the daily figure can be found by dividing the result by the number of days in the year). As the number of days left on the options contract get smaller and smaller, charm becomes more volatile and less accurate.


Investment dictionary. . 2012.

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  • Speed — bezeichnet: die Droge Amphetamin Speed (Kartenspiel), ein Kartenspiel Speed, einen Schokoriegel der Aldi Süd Kette; siehe Twix#Nachahmungen Speedklettern in Kurzform Speed – The Ride, eine Achterbahn im Nascar Café Speed: No Limits, eine… …   Deutsch Wikipedia

  • speed — n 1 *haste, hurry, expedition, dispatch Analogous words: *celerity, legerity, alacrity: fleetness, rapidity, swiftness, quickness (see corresponding adjectives at FAST): velocity, pace, headway (see SPEED) 2 Speed, velocity, momentum, impetus,… …   New Dictionary of Synonyms

  • Speed — Speed, n. [AS. sp?d success, swiftness, from sp?wan to succeed; akin to D. spoedd, OHG. spuot success, spuot to succees, Skr. sph[=a] to increase, grow fat. [root]170b.] 1. Prosperity in an undertaking; favorable issue; success. For common speed …   The Collaborative International Dictionary of English

  • speed — [spēd] n. [ME sped < OE spæd, wealth, power, success, akin to spowan, to prosper, succeed < IE base * spēi , to flourish, expand > SPACE, SPARE] 1. the act or state of moving rapidly; swiftness; quick motion 2. a) the rate of movement or …   English World dictionary

  • Speed — Speed, v. t. 1. To cause to be successful, or to prosper; hence, to aid; to favor. Fortune speed us! Shak. [1913 Webster] With rising gales that speed their happy flight. Dryden. [1913 Webster] 2. To cause to make haste; to dispatch with… …   The Collaborative International Dictionary of English

  • speed — [ spid ] n. m. et adj. • 1968; mot angl., proprt « vitesse » ♦ Anglic. fam. 1 ♦ Amphétamine, L. S. D. Prendre du speed. 2 ♦ Adj. Qui a pris des amphétamines. ♢ Très agité, excité. Elle est speed, la directrice ! speed [spid] n. m. et adj. ÉTYM.… …   Encyclopédie Universelle

  • Speed — 〈[ spi:d]〉 I 〈m. 6; Sp.〉 1. Geschwindigkeit 2. Geschwindigkeitssteigerung II 〈n. 15; Drogenszene〉 Aufputschmittel, z. B. Amphetamin [engl.] * * * …   Universal-Lexikon

  • speed — ► NOUN 1) the rate at which someone or something moves or operates. 2) rapidity of movement or action. 3) each of the possible gear ratios of a bicycle. 4) the light gathering power or f number of a camera lens. 5) the duration of a photographic… …   English terms dictionary

  • Speed — Speed, NC U.S. town in North Carolina Population (2000): 70 Housing Units (2000): 60 Land area (2000): 0.283009 sq. miles (0.732990 sq. km) Water area (2000): 0.000000 sq. miles (0.000000 sq. km) Total area (2000): 0.283009 sq. miles (0.732990 sq …   StarDict's U.S. Gazetteer Places

  • Speed — (sp[=e]d), v. i. [imp. & p. p. {Sped} (sp[e^]d), {Speeded}; p. pr. & vb. n. {Speeding}.] [AS. sp[=e]dan, fr. sp[=e]d, n.; akin to D. spoeden, G. sich sputen. See {Speed}, n.] 1. To go; to fare. [Obs.] [1913 Webster] To warn him now he is too… …   The Collaborative International Dictionary of English

  • speed|up — speed up or speed|up «SPEED UHP», noun. an increase in speed, as in some process or work: »Among the urgent areas for study, the report included…speed up of boarding and deplaning procedures (Science News Letter) …   Useful english dictionary

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