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Implied volatility’s format

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    • #8889
      Eyal Locker
      Participant

      hey, I was wondering how iv is represented. after downloading some data I can see iv represented as a decimal number. I spotted options with an IV of 0.4, and I’ve spotted options with an IV of 10.5.
      is iv already divided by 100?
      i.e 17% iv would be represented as 0.17?
      thanks

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