What is the meaning of Rho?

Rho is the interest rate sensitivity of an option relative to a change in the interest rate option pricing variable. It measures an optionís change in value for a given change in the interest rate.

Barry Goldsmith
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APABarry Goldsmith. (2010). rho. Retrieved September 21, 2026, from http://smartdefine.org/rho/definitions/1162583
ChicagoBarry Goldsmith. 2010. "rho" http://smartdefine.org/rho/definitions/1162583 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, rho, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/rho/definitions/1162583>.
MLABarry Goldsmith. "rho" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/rho/definitions/1162583>
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