By: Zahid Hasan

In reply to amit.

Hello AMIT,
I appreciate your question. I’d like to clarify that in this article, the expression “Current Volatility” refers specifically to Implied Volatility, rather than Realised Volatility. When working with Option Probability, it’s generally more advantageous to use Implied Volatility rather than Realised Volatility since it enables us to make more precise predictions about the projected price range of a stock in the future.
I hope this answers your question. If you have any more queries, please let us know.

Regards
Zahid
ExcelDemy