Impl Volty- 1 Option (Indicator)Analysis Techniques & Strategies
Impl Volty- 1 Option (Indicator)| Name | Expression | Default | Description |
| ExpMonth | Numeric | 0 | The month (1-12) the option expires |
| ExpYear | Numeric | 0 | The year the option expires in EL year format. For example, an input value of 108 is used to represent an expiration year of 2008. |
| StrPrice | Numeric | 0 | The option strike price |
| Rate100 | Numeric | 0 | Risk free interest rate |
| OptMktVal | Numeric | Close data 2 | Option symbol data located in data2 |
| PutCall | Numeric | Put | The type of option (Put=2, Call=3) |
| AssetPr | Numeric | Close data 1 | Underlyling asset data located in data1 |
| AlertLength | Numeric | 14 | Lookback length for alert criteria |
Using the Black Scholes option pricing model calculation, plots the implied volatility of an option based on the current option price and the underlying symbol price in the chart. You must specify the option input information with the asset in data1 and the option in data2.
| Number | Name | Default Color | Description |
| Plot1 | IV-1 | Yellow | Plots the implied volatility |
When applied to a chart, this indicator displays one plot in a separate subgraph from the price data.
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