# vanna

> English word · Noun · frequency rank #59,794

## Definitions
1. A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the spot price, or equivalently the rate of change of delta with respect to changes in the volatility of the underlying asset.

## Etymology
Made up to sound like a Greek letter, probably beginning with "v" to be similar to vega.

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/vanna