This evaluate will not account for the volatility σ with the underlying asset. Contrary to earlier inputs, volatility is indirectly observable from sector details, but need to in its place be computed in a few product, mostly applying ATM implied volatility within the Black–Scholes design. Dispersion is proportional to volatility, https://expirationdate05172.shotblogs.com/little-known-facts-about-implied-volatility-40913041