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Definition of 'Kappa'
Used in regression analysis, Kappa represents the ratio of the dollar price change in the price of an option to a 1% change in the expected price volatility.
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Investopedia explains 'Kappa'
Remember, the price of the option increases simultaneously with the volatility.
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Search results for 'Kappa'
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http://stocks.investopedia.com/stock-analysis/2011/Nike-Still-Winning-NKE-FL-FINL-UA-LULU-HBI-COLM0628.aspx
... Of course there is abundant competition - Adidas (OTCBB:ADDYY), Fila, Puma, ASICS, Mizuno, Li Ning, Anta, and Kappa (owned by China Dongxiang) all want a piece ...
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