gamma
/ˈɡæmə/
noun
- The third letter of the Greek alphabet (Γ, γ).
- She learned to write gamma in her Greek language class.
- In physics, gamma represents the photon or gamma ray.
- The Greek letter gamma is often used in mathematics and science.
- A type of radiation, called gamma rays, which are high-energy electromagnetic waves.
- Scientists study gamma rays to learn about distant stars.
- The explosion released a burst of gamma radiation.
- Gamma rays are used in cancer treatment to kill tumor cells.
- A measure of the rate of change in an option's price relative to the underlying asset's price, used in finance.
- Understanding gamma is important for options trading.
- The trader calculated the gamma of the option to manage risk.
- High gamma means the option's price is very sensitive to stock price changes.