Wang, Guan Jun; Islam, Mazhar M.; Ngassam, Christopher - In: International Journal of Business Forecasting and … 1 (2009) 2, pp. 122-133
In this paper we used a refined approach to estimating the implied volatility from options price in the classic framework developed by Black and Scholes (1973) and Merton (1973). Our study extend the formula previously developed by Corrado and Miller (1996) which works well for the Index options...
