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.
||The Implied Volatility plot.|
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.