Option chain implied volatility and options calculator excel sheet download

Options calculator excel sheet download

Follow this procedure to calculate the options greeks and implied volatility

1. This option calculator excel sheet will help in the option trading
2. Download the option chain implied volatility file from the link
3. Open the option chain implied volatility excel sheet
4. Visit nse.com and check the closing price of nifty 50 or any other index
5. Fill the closing price data in the Underlying Price column
6. Fill the strike price in Exercise Price column
7. The date will be automatically calculated from your computer
8. Check the  historical volatility of the index or stock 
9. Fill the historical volatility data in the column
10. Check the expiry date of the option from the nse website or your index  website
11. Fill the expiry date 
12. Check the risk-free rate of your country visit this link to check 
13. Fill the data of dividend yield 
14. Set the strike price according to your index option chain
15. After getting the theoretical price of the option 
16. Fill the market price data from the actual trading price of the option
17. Fill the remaining data in the market price column

Option greeks 

Delta 

1. Option greeks delta measure the rate of change in option price with respect to the change in the underlying price. Delta of a call option is +ve and delta of a put option is -ve. Higher the delta faster the call option changes. E.g. If the delta is 0.5 in this case if the index move 20 points your option price will decrease or increase 10 points. For option buyers, it is better to select the higher delta option and for option sellers, it is suggested to choose a low delta option.

Gamma

1. Option greeks Gamma measures the rate of change in delta with respect to the change in the underlying index price. Gamma is the second option greeks in option greek calculation. Gamma helps us in understanding the change in the delta of the options.

Vega

1. Option greek Vega measures the volatility of the option. With the increase in volatility, vega will increase and added to the option price. With the decrease in volatility, vega will automatically decrease and option price decreases. Therefore option buyers should watch vega of the option before buying the option. It is select the low vega option for option buyers and high vega option for option sellers.

Theta

1. Option greek theta measures the rate at which the option price loses its value with time. Theta of the option tell us the price at which the option price reduce every day. Higher the theta option will lose its value faster. Lower the theta option will lose the value slowly. Therefore it is suggested that option buyers should buy the option with low theta value and option sellers should sell the option with a high theta value.

Rho

1. Option greeks Rho measure the rate at which the option price change with a change in interest rate. If the interest rates change the option price change. An increase in interest rates will increase the value of Rho and increase the price of the option. The decrease in interest rate will decrease the option price.

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