Probability Calculation in Excel tp Alan Parry

["R. Lisboa" <rml@xxxxxxxxxxx>]

To
Alan Parry

Try this in Excel :  Up
=(2.718282^(volatility*square(days/365)*1.28155))*close
Down
=(2.718282^(volatility*square(days/365)*-1.28155))*close

If you want more details, please e-mail me at

rml@xxxxxxxxxxx

Roberto


Alan wrote:

> I trade commodity futures and would like to develop my own Options
> Probability calculator.
>
> Metastock has an indicator built in called "ODDS Probability Cone". Does
> anyone know the formula used for this probability calculation (or any other
> formula for probability).
>
> Regards Alan Parry