That is, we need a graphical representation of a position's sensitivity to changes in volatility, similar to the graph displaying the effect of time on an option's value. To do this we use the ...

Often called a profit/loss diagram or p&l graph, this graph provides an easy way to understand and visualize the effects of what ... at three different points in time. The dotted line is the ...

Carson MacPherson-Krutsky receives funding from The National Science Foundation. She is the co-owner of HazardReady, LLC. Since the days of painting on cave walls, people have been representing ...