smile
n.— «Smile: Graph with a minimum implied volatility for an underlying at-the-money.» —“Glossary of keywords” by André Jaun Hedging Your Portfolio: Options, Swaps and Derivatives Aug. 18, 2003. (source: Double-Tongued Dictionary)
Further reading
The haunting new novel Clear (Bookshop|Amazon) by Carys Davies is set amid the Scottish Clearances of the 19th century, a relentless program of forced evictions that drove whole communities of tenant farmers off the land. The story concerns a...
What if, instead of being an inanimate object, a dictionary were alive? That’s the idea behind a lavishly illustrated new children’s book called The Dictionary Story (Bookshop|Amazon) by Oliver Jeffers and Sam Winston. This is part of a...