Vomma

Vomma,

How To Define Vomma?

Woma is the rate at which an option reacts to the fluctuations of the Vega market. This is the second order derivative of the option value. Demonstrates the movement of Woma Vega. A positive Woma score indicates that a 1 percentage point increase in volatility increases the value of the option, as evidenced by the Vegas stimulus.