Usdinr volatility index

General
1

I know nifty & banknifty has india vix to represent volatility…anyone know… where could i find usdinr volatility chart…

2

Not an expert but I have heard experts talk about USDollar Index.

The U.S. Dollar Index is a measure of the value of the U.S. dollar against six other foreign currencies The

U.S. Dollar Index contains six component currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc.

Discl: Not sure if this is the correct answer, pls do your own research

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3

@Ricky_H

You can use DXY (DOLLAR INDEX) as per neha said , and DXY affect both securities market, crypto and Forex. And we can have reference for USDINR. But one reference would not be satisfactory like INDIAVIX , you have consider economic as well as global factor in this floating exchange rate currency pair.

One of DXY constituent EURUSD , few week ago due to fear of getting it below 1 purge points of Index and also affected USDINR.

4

Thank you for your reply madam…my point is option premiums are decaying and increasing drastically during intraday also…so if i know positive or negative vix is i can catch decay…if positive vix i can stay away building new positions early

5

Thank you for your reply sir…my point is option premiums are decaying and increasing drastically during intraday also…so if i know positive or negative vix is i can catch decay…if positive vix i can stay away building new positions early

6

You can calculate the standard deviation of the instrument as a substitute for volatility. Kinda like a poor man’s VIX, it’s not perfect, but will do as an adequate stand in.

https://www.macroption.com/is-volatility-standard-deviation/

7

Premium Increase and suddenly decrease means you are against volatility , that you trade immediately after market gap down , which increase put option premium value but with time volatility decrease and premium purge points. As volatility is linked to vega (an option greek). Also Gap down opening situatuon increase panic among the retails which will impact vega and vega thus impact premium value. You would see long spike in VIX index on gapdown opening.

8

Hello Ricky any luck in finding Vol chart for USDINR? been looking for the same.

thanks

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9

i can see usdinr volatility graph here : V-Lab: US Dollar to Indian Rupee GARCH Volatility Analysis

Don’t how much the option game follow this volatility levels : #USDINR is stuck around 83. Lowest volatility in year 2023 as compared to other global currency pairs…

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10

Nice, options are following this. Very low premiums from last 2 months.