smile n. a line, graphed on a parabolic or bowl-shaped curve, that represents a risk or return relationship in investment markets. (source: Double-Tongued Dictionary)
smile n.— «This has direct consequences for the dynamics of the volatility smile observed on option markets.» —by Jean-Philippe Bouchaud, Marc Potters Theory of Financial Risk and Derivative Pricing Dec. 11, 2003. (source:...
smile n.— «The pattern of implied volatilities form a “smile” shape, which is called a volatility smile. Most derivatives markets exhibit persistent patterns of volatilities varying by strike…In practice, either the...
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:...
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...
pink dollar n.— «The term “pink dollar” was coined in the 1990s to describe the affluence of many gay couples.» —“The A to Z of the pink dollar” by Larissa Dubecki The Age (Australia) May 22...