Greeks
·
9 min
Vega in detail
Volatility sensitivity. Scales with time. The only Greek that lets you bet on the market's nervousness without betting on direction.
In this lesson
- Vega scales with time
- ATM strikes carry the most vega
- Why vega matters for IV plays
- Position-level vega and the term structure
Read the full lesson in the app
The complete lesson, with worked examples, callouts, and a quiz to test yourself, is in Iron Condor Options.
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