YOU SAID:
The next stage is Gamma hedging with Gamma being the second derivative with respect to the underlying asset’s price. This helps curve the approximation into a quadratic and makes the large movement in rates more palatable.
INTO JAPANESE
次の段階はガンマヘッジであり、ガンマは原資産の価格に関する二次微分です。これにより、近似を2次曲線に湾曲させ、レートの大きな動きをより適切にできます。
BACK INTO ENGLISH
The next step is gamma hedging, where gamma is the second derivative with respect to the price of the underlying asset. This allows the approximation to bend into a quadratic curve, making it more suitable for large rate movements.
INTO JAPANESE
次のステップはガンマヘッジです。ここで、ガンマは原資産の価格に関する2次導関数です。これにより、近似を2次曲線に曲げることができ、大きなレートの動きにより適したものになります。
BACK INTO ENGLISH
The next step is gamma hedging. Where gamma is the second derivative of the underlying asset price. This allows the approximation to bend into a quadratic curve, making it more suitable for large rate movements.
INTO JAPANESE
次のステップはガンマヘッジです。ここで、ガンマは原資産価格の二次導関数です。これにより、近似を2次曲線に曲げることができ、大きなレートの動きにより適したものになります。
BACK INTO ENGLISH
The next step is gamma hedging. Where gamma is the second derivative of the underlying asset price. This allows the approximation to bend into a quadratic curve, making it more suitable for large rate movements.
That's deep, man.
