Hi all.
I'm using?reqMktData with FOP contracts and have capture geeks and IV on the tickOptionComputation.
For most contracts those numbers make sense, however there some where IV is a multiple of what it should be.
Was anyone experienced same? Maybe there is a flag I haven't found yet that tells me?impliedVolatility?
Example:
Do reqMktData condId=398486127, exchange=NYMEX, secType=OPT
This is an option on the Gold Future. the You will get something around 0.20 right now (20%) - works same as for all other kind of options.
Now try reqMktData condId=353753333, exchange=NYMEX, secType=OPT
This is an option on the Crude Oil. the You will get something around 18!! right now (this is an IV of 1800%), no way IV of that Curde Oil is at 1800%?
... what do I miss?
Many thanks!?
