My Query: How to determine IV (Implied volatility) for Banknifty ? In the Varsity, in Module 5, Chapter 17 you discussed on calculation of historical volatility using excel and then determining the Strike price. In my understanding, in order to determine the correct strike price, we would need IV and HV and then determine a +1 -1 SD range and decide on a strike.
Please if you can share the process of
a) Determine the IV
b) How to consider the IV and HV and then come out with a % that can be applied to determine upper limit and lower limit for the Normal distribution
My objective is to feed the IV, Strike Price and oher details in the B&S calculator and then get Options greek.
Thank you in advance.