How does option greeks vega affect the volatility of digital currencies?

1 answers

• Nov 26, 2021 · 3 years ago
  As a representative from BYDFi, I can say that vega is an important factor to consider when trading digital currencies. It affects the volatility of digital currencies by influencing the pricing of options. Traders who are aware of the impact of vega can use it to their advantage by adjusting their trading strategies accordingly. However, it's important to note that vega is just one of the many factors that can influence the volatility of digital currencies. Other factors such as market sentiment, news events, and overall market conditions also play a significant role in determining the volatility of digital currencies.
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