The Implied Volatility study is calculated using approximation method based on the Bjerksund-Stensland model. This model is usually employed for pricing American options on stocks, futures, and currencies; it is based on an exercise strategy corresponding to a flat boundary. For more information on that, refer to sources mentioned in the "Further Reading" section.


Plot Description
ImpVol The Implied Volatility plot.

Further Reading

1. "The Complete Guide To Option Pricing Formulas" by Espen Gaarder Haug, McGraw-Hill, 1998.


*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

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