water   Water is a gas when it is steam. It condenses to liquid, becoming water. It becomes solid when it freezes, and then becomes liquid again as it melts. The entire pro â¦ cess depends on temperature. The molecular structure of water does not change throughout all these changes.
Volatile Definition: Volatile refers to a substance that vaporizes readily. Volatility is a measure of how readily a substance vaporizes. By Anne Marie Helmenstine, Ph.D.
So why is volatility so important to options traders? First off, volatility is the measure of the variation of a financial instrument over time. In other words, itâs a metric for measuring how much a stock or option (or something else) moves over a certain period of time. The higher the volatility, the more the instrument moves on average.