Options trading part 7: ATM implied vol term structure | Contango
13 min readJun 24, 2022
The ATM implied vol term structure is a measure we can use to evaluate the “implied volatility” of the options contracts across all the different maturities.
Nonetheless, let’s start with the fundamentals and define what a contango market is.
In a contango market, market participants are more willing to pay a premium for…