Black-Scholes implied volatility
= Black-Scholes implied volatility
{c}
{title2=$\widehat\sigma$}
The Black-Scholes implied volatility is the volatility parameter that makes the Black-Scholes price equal an observed claim price.
= Black-Scholes implied volatility
{c}
{title2=$\widehat\sigma$}
The Black-Scholes implied volatility is the volatility parameter that makes the Black-Scholes price equal an observed claim price.