|
PureBytes Links
Trading Reference Links
|
Hi Freddie,
Don Fishback is having a seminar soon in Kentucky, I think that is the state. Chcek out his website. I attended his 2 day seminar when he came to my city. It was very informative. This is when he gave out his ODDS Trademaster CD. HE has a great manual of his strategies and charts.
Debra
--- Freddie Ng <n07476@xxxxxxxxxxxxxx> wrote:
>Kelvin,
>
>I assume option volatility in Metastock is base on EOD although Pro version
>has both EOD and RT. However I am not sure if you download intraday data,
>will the option volatility be computed based on the intraday. I couldn't
>access the formula of it, otherwise we can examine to see what it does. By
>an chance, do you have its formula ?
>
>Do you have information on Don Fishback, it seems that you know quite a
>bit. I could modify the period and percentage in Don's indicator to show
>different coverage on chart. But I really need to understand how to apply
>it for option analysis - need application notes. I can do paper trade to
>evaluate it's truth.
>
>I viewed OptionsXpress site, you must open an account in order to access
>the charting of "Historical IV". Could you demo and capture a screen of it
>and post it to me. Btw, are you a member there ?
>
>Best Regards
>Freddie Ng
>
>At 06:20 PM 4/9/2003 +0100, you wrote:
>>I have noticed a few posts recently suggesting that the Metastock Option
>>Volatility indicator plots implied volatility. I suggest a little caution
>>here. There is not sufficient data in stock end-of-day prices to calculate
>>the implied volatility of the options on that stock. In order to do that,
>>you would require the option prices for the complete chain. Also, bear in
>>mind that options for different strike prices may well have different
>>implied volatilities. Sometimes the difference is quite marked.
>>
>>The Option Volatility indicator can only be based upon some kind of
>>historical volatility formula. Therefore, if you are comparing this to,
>>say, the Fishback historical volatility indicator, which is based upon a
>>linear regression calculation, you are comparing like to like and it will
>>be of no use to you for options trading.
>>
>>In order to see 'historical' implied volatility, you will need to access a
>>website that has all of that data stored. I think that OptionsXpress will
>>let you chart 'historical' IV on particular stocks for free.
>>
>>Regards,
>>Kevin
>
>
>
>
>To unsubscribe from this group, send an email to:
>Metastockusers-unsubscribe@xxxxxxxxxxx
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
_____________________________________________________________
Calling all cartoon fans!
Garfield keeps millions of newspaper readers laughing over their morning corn flakes...now he's waddling into cyberspace to spread his mirth (and girth)!
You can now get the full-color Garfield comic strip e-mailed to you every day of the week -- absolutely FREE! Just go to http://www.garfield.com/signup/ to register!
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Make Money Online Auctions! Make $500.00 or We Will Give You Thirty Dollars for Trying!
http://us.click.yahoo.com/yMx78A/fNtFAA/i5gGAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|