gamma smile
n.— «Hardly a line of David’s trading argot will be intelligible to ordinary mortals, being riddled with references to gamma smiles, 25 delta EUR calls, short vega books and the like.» —“How to go bust in a state of bliss” Australian Financial Review May 28, 2004. (source: Double-Tongued Dictionary)
Further reading
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...
Aaron in Los Angeles, California, notes while using public transit in Britain he and other passengers were instructed to alight from the front, meaning “exit the car from the front.” Alight comes from an Old English word alihtan, literally, to...