Calculating implied volatility w/o BS Formula

Discussion in 'Options' started by greenc, Jan 5, 2008.

  1. greenc

    greenc

    Does anyone know of a formula to calculate/model implied volatility without using the Black-Scholes formula? I am trying to create hypothetical options data (and therefore I don't know what the actual premium value of the option is). Is it possible to use a volatility index (such as the VIX) to derive the implied volatility of a given strike pirce, expiration, call/put?