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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Barry who wrote (8962)11/22/1997 1:58:00 PM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
Barbara,

There is an option pricer at the top of this page:

dailystocks.com

The problem is you have to know either the option price or the implied volatility and the calculator will find the other.

If you want to assume the volatility has not changed from yesterday, you can feed in the closing option prices for several close to price options and average the volatility results. You can then use this volatility to calculate today's option prices.

(I use Metastock 6.5 which can plot the calculated option price since it has the stock chart on which to calculate the volatility, but I know of no internet site that gives you volatiliy as a chart indicator, so you have to resort to the above method.)

John

PS - My power just went off and I am on my UPS, but I will have to shut down until it comes back on, if you have any questions.