Color


Color

The rate at which the gamma of an option or warrant will change over time. More specifically, it is the third order derivative of an options value - once to time and twice to the option's price. Color is part of the group of measures known as the "Greeks" (other measures include delta, gamma and vega) which are used in options pricing models.

Color is used by investors who utilize a gamma-hedging option trading strategy, and provides the investor with information on the gamma 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, color becomes more volatile and less accurate.


Investment dictionary. . 2012.

Synonyms:

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  • color — (Del lat. color, ōris). 1. m. Sensación producida por los rayos luminosos que impresionan los órganos visuales y que depende de la longitud de onda. U. t. c. f.) 2. color natural de la tez humana. 3. Sustancia preparada para pintar o teñir. 4.… …   Diccionario de la lengua española

  • color — [kul′ər] n. [ME & OFr colour < L color < OL colos, orig., a covering < IE base * kel , to conceal, hide > HULL1, HALL] 1. the sensation resulting from stimulation of the retina of the eye by light waves of certain lengths 2. the… …   English World dictionary

  • Color — Col or (k[u^]l [ e]r), n. [Written also {colour}.] [OF. color, colur, colour, F. couleur, L. color; prob. akin to celare to conceal (the color taken as that which covers). See {Helmet}.] 1. A property depending on the relations of light to the… …   The Collaborative International Dictionary of English

  • color — col·or n: a legal claim to or appearance of a right or authority threats that gave color to an act of self defense usu. used in the phrase under color of a police officer held liable for violating the plaintiff s civil rights under color of state …   Law dictionary

  • color — 1. Cuando significa ‘cualidad de los seres por la cual impresionan la retina de modo diferente según cómo reflejen los rayos luminosos’ y ‘cada uno de los distintos modos en que puede percibirse esta cualidad’, es masculino en la lengua general… …   Diccionario panhispánico de dudas

  • color — sustantivo masculino 1. Impresión o sensación que producen por medio de la retina los rayos de luz reflejados en los cuerpos: colores vivos, colores intensos, colores pálidos, colores fríos, colores calientes. El arco iris es un fenómeno luminoso …   Diccionario Salamanca de la Lengua Española

  • color — n 1 Color, hue, shade, tint, tinge, tone are comparable when they mean a property or attribute of a visible thing that is recognizable only when rays of light fall upon the thing and that is distinct from properties (as shape or size) apparent in …   New Dictionary of Synonyms

  • color — COLÓR adj. invar. (Despre filme, fotografii etc.) Tehnicolor. – Din engl. color. Trimis de hai, 30.06.2004. Sursa: DEX 98  COLÓR adj. invar. v. tehnicolor. Trimis de siveco, 13.09.2007. Sursa: Sinonime  colór …   Dicționar Român

  • Color Me — Color Me, Barbra Saltar a navegación, búsqueda Color Me, Barbra, realizado en 1966, es el segundo especial de Barbra Streisand para la televisión. Después del enorme éxito de My Name is Barbra y una vez liberada, el 26 de diciembre de 1965, del… …   Wikipedia Español

  • color — early 13c., skin color, complexion, from O.Fr. color color, complexion, appearance (Mod.Fr. couleur), from L. color color of the skin; color in general, hue; appearance, from Old L. colos, originally a covering (akin to celare to hide, conceal ) …   Etymology dictionary

  • Color (EP) — Color EP by Girugamesh Released July 7, 2010 Genre Alternative Metal Rock Length 1 …   Wikipedia


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