The below is from an Optionhacker.com recent alert: Please help me understand what the Impact=4281/$483K is. Also vega=$1170 . How is this converted to a dollar value? I understand the rest of what's presented. Many thanks for any help.
Vega=($change in the position/1 vol change in the option). I think impact is Volume*%Delta. It's represented in shares and in dollars.