# What is the second derivative with respect to price of a put option? [closed]

What is the reasoning/meaning behind the second derivative of a put option

## closed as off-topic by Daneel Olivaw, LocalVolatility, Alex C, Helin, skoestlmeierFeb 25 at 7:17

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• "Basic financial questions are off-topic as they are assumed to be common knowledge for those studying or working in the field of quantitative finance." – Daneel Olivaw, LocalVolatility, Alex C, Helin, skoestlmeier
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• Derivative with respect to what, price? – Bob Jansen Feb 24 at 11:39
• yes, with respect to price – Anna Black Feb 24 at 12:28

• $\frac{\partial^2 P}{\partial S^2} = \frac{\partial \Delta}{\partial S}$ — wording in first sentence is inverted. – RRL Mar 1 at 7:44