The dollar change in a given option's price that results from a 1% change in interest rates.
Related information about rho:
- Rho - Wikipedia, the free encyclopedia
Rho is the 17th letter of the Greek alphabet. In the system of Greek numerals, it has a value of 100. It is derived from Phoenician letter res Phoenician res.svg .
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- Rho Definition | Investopedia
The rate at which the price of a derivative changes relative to a change in the risk -free rate of interest. Rho measures the sensitivity of an option or options ...