Convexity, Options Trading, Volatility Trading, Moontower, Option Greeks.
This is a cross-post from  Unless you are a bond or derivatives trader, the term “convexity” usually just makes you want to say “beat it, nerd”. As if to frustrate us further it has many aliases: “curvature”, “non-linearity”, “gamma”. It turns out, for such a fancy word “convexity” is quite