, Downtrend, Recovery phases) and option’s moneyness which potentially can affect the venue preference of the trader and can … based on moneyness, that is, the at-the-money and out-of-the-money options. However, we find a change in magnitude and …

. Once this problem is solved, we will analyze the relationship existing between implicit volatility moneyness and due term … provided by the Black-Scholes model, which will be studied, given moneyness and due-term of options. …