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The option Greek "vega" measures how sensitive an option’s value is to changes in implied volatility. In this video, Joel breaks down how vega works and why implied volatility is key for traders! 0:18 What is Vega? 1:21 Vega Trade Example Get TradingBlock👇 https://tradingblock.com/ TradingBlock is a technology-driven online broker serving the ever-changing needs of individual traders, professionals, registered investment advisors and their clients. We're driven to provide you with fully customizable trading solutions that grow with you. We provide experienced, responsive support and education resources to help you make better decisions for you, your family and your future. Made for the Way You Trade. Member FINRA (https://www.finra.org), SIPC (https://www.sipc.org), NFA (https://www.nfa.futures.org). Investing and trading may result in loss of capital. Options involve substantial risk and are not suitable for all investors. Please read "Characteristics and Risks of Standardized Options" prior to investing: http://www.theocc.com/about/publicati...