Implied Volatility Description

IV:	Current daily level of *Implied Volatility (IV)* for options on this futures contract, as derived from (implied by) options premiums (Black Model). A green number highlights IV above +1 Standard Deviation (STD); a red number highlights IV below -1 STD. Historical volatility has theoretically been found to be between +1 and -1 STD 67% of the time. Implied Volatility data is provided by CRB and is based on the mean of the two nearest-the-money calls and the two nearest-the-money puts using the Black options pricing model.

IV:

Current daily level of Implied Volatility (IV) for options on this futures contract, as derived from (implied by) options premiums (Black Model). A green number highlights IV above +1 Standard Deviation (STD); a red number highlights IV below -1 STD. Historical volatility has theoretically been found to be between +1 and -1 STD 67% of the time. Implied Volatility data is provided by CRB and is based on the mean of the two nearest-the-money calls and the two nearest-the-money puts using the Black options pricing model.