Impl Volty- 1 Option (Indicator)
DisclaimerInput Information
| Name | Expression | Default | Description |
| Rate100 | Numeric | 0 | Risk free interest rate |
| AlertLength | Numeric | 14 | Lookback length for alert criteria |
Market Synopsis
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. The underlying price is obtained from a PriceSeriesProvider for the underlying asset symbol. If the study is applied to a symbol other than a stock option, an index option, or a futures option, a runtime error is thrown. This study works in Charting only and must be applied to an option symbol as noted above.
Plot Information
| 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.