Lee, Geon; Kim, Tae-Kyoung; Kim, Hyun-Gyoon; Huh, Jeonggyu - In: Journal of Risk and Financial Management 15 (2022) 12, pp. 1-8
In finance, implied volatility is an important indicator that reflects the market situation immediately. Many practitioners estimate volatility by using iteration methods, such as the Newton-Raphson (NR) method. However, if numerous implied volatilities must be computed frequently, the iteration...
