2min chapter

Forward Guidance cover image

Options Trading for Macro Investors | Imran Lakha

Forward Guidance

CHAPTER

The Effects of Vega on Options

If you own a call on Tesla that expires this week, it's not gonna make you a difference because your exposure is primarily to the change in the actual price. The Vega will actually be a large determinant in how the value of that option changes. So if you see a significant moving implied vol on a five year option, that's gonna have a really large impact in how that premium moves.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode