How the get the predicted implied volatility?

Options & Futures
1

Hi, I am learning Option Trading Strategites in Python(Intermediate) Section 7 Unit 11. In the PDF file page 5, the example shows us the predicted implied volatility of 960 strike call and 900 strike put. 


In real world, when I was on 17-Oct-17, how may I get the predicted implied volatility in future days (i.e. 19-Oct-17, 23-Oct-17, and etc.)? Can I use Python mibian package on this question or any other solution? Thanks.
2

Hi Iris,



The implied volatility can be calculated using the mibian library. You can also refer to the following blog for the same -



https://blog.quantinsti.com/implied-volatility/



However, one of the parameters in calculating the implied volatility is the current price of the option. So calculating the IV for a future date might not be possible as you won't have the exact price of the option on a particular future date. The strategy banks on the assumption that earnings event holds a lot of uncertainty, which causes the implied volatility to rise and hence it can be traded. 



Hope that helps!



Thanks,

Akshay