Home MarketXLS
Dashboard MarketXLS
Screener MarketXLS
Options Profit Calculator MarketXLS
Stock Ranks MarketXLS
Spreadsheet Builder MarketXLS
Documentation MarketXLS
Logout MarketXLS

ImpliedVolatility: Analyze Option Market Sentiment in Excel

The ImpliedVolatility function in MarketXLS retrieves and calculates implied volatility data for a specified financial symbol. By integrating directly with Excel, it allows traders and investors to quickly gauge market expectations of price movement for a given security. Whether you need to spot trends, evaluate option premiums, or compare volatility over time, ImpliedVolatility simplifies the process with real-time integration to MarketXLS APIs.

Why Use This Function?

  • Market Insights: Quickly assess the market’s expected price range for a specific underlying security.
  • Options Trading: Make informed decisions on buying or selling options by analyzing implied volatility, a key input in option pricing.
  • Risk Management: Understand potential price fluctuations to hedge positions more effectively.
  • Historical Comparison: Pass in a valid StartDate to compare implied volatility over time (if needed).
  • Ease of Use: Simply enter your symbol and optional date to get immediate results in your Excel sheet.

How to Use in Excel

Use the ImpliedVolatility function directly inside a cell:

=ImpliedVolatility("AAPL")

or

=ImpliedVolatility("AAPL", "01/02/2023")

• If no date is provided or if the year is before 1978, the function fetches the latest implied volatility data.
• If a valid start date is supplied, the function fetches the implied volatility associated with that date.

Parameters Explained

Parameter Description Example Values Notes
Symbol The stock or underlying symbol to retrieve implied volatility for. "AAPL", "TSLA", etc. Must be a valid ticker recognized by MarketXLS. Returns "NA" if invalid.
StartDate (Optional) The start date to filter or retrieve historical data. "01/02/2023" If omitted or if year < 1978, latest data is fetched.

• Symbol must be a valid ticker.
• If your MarketXLS license is invalid, the function may return "NA."
• If MarketXLS is refreshing data or processing a queue, you may see intermediate returns such as "Refreshing."

Example Usage

Basic Examples

  1. Current Implied Volatility for Apple:
    =ImpliedVolatility("AAPL")
    This returns the latest implied volatility for AAPL.

  2. Current Implied Volatility for Tesla:
    =ImpliedVolatility("TSLA")
    Quick and easy retrieval without specifying a date.

Advanced Scenarios

  1. Historical Implied Volatility for Apple on January 2, 2023:
    =ImpliedVolatility("AAPL", "01/02/2023")
    Fetches implied volatility data specifically for that date, if available.

  2. Integration with Other Metrics:
    Combine ImpliedVolatility results with additional Excel calculations, such as option pricing models or advanced strategies—for example, analyzing the difference between current volatility and a historical date to gauge volatility trends.

  3. In a Trading Strategy:

    • Use ImpliedVolatility("AAPL") to confirm elevated volatility levels before selling options in a premium-selling strategy.
    • Compare multiple symbols by referencing this function across different cells to see which stocks have the highest implied volatility.

Common Questions and Troubleshooting

• “Why am I getting ‘NA’ as a result?”

  • Ensure your MarketXLS license is valid.
  • Confirm you have entered a valid ticker symbol.
  • Check for any temporary data-refresh operations.

• “Does this support international tickers?”

  • The function looks for any symbol recognized by your MarketXLS configuration. If the ticker is not supported, you get “NA.”

• “What happens if I pass a date prior to 1978?”

  • The code ignores it and retrieves the latest implied volatility data instead.

• “My function sometimes returns ‘Refreshing.’ Why?”

  • MarketXLS may be updating or queuing data retrieval in the background. The function will later update the cell once the data is ready.

By leveraging the ImpliedVolatility function in Excel, you can quickly assess an underlying security’s potential price movements and incorporate these insights into your option trading and risk management strategies with ease.

Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS

Get started today
MarketXLS Excel Add-in Tutorial - How to Use Impliedvolatility and Other Financial Formulas
How does MarketXLS work?