Basic Implied Volatility in Excel and why Volatility Surface is needed- Basic Concepts Part 1

We worked on the Quant Project- Volatility Surface in Python: https://youtu.be/JhO51A0LeUo?si=IF76W--nMbNbHhis Now we will break down and understand all basic concepts related to/used in it! This video gives a simple explanation & excel illustration of implied volatility and why we need a volatility surface. #volatility #derivatives #quantfinance #quantitativefinance #quant Disclaimer: The views expressed here are my own and do not reflect the opinions or endorsements of my employer or any institutions I am affiliated with.