The Volatility Lab opens to the Implied Volatility layout by default. Move between layouts (Implied Volatility, Historical Volatility, Industry Comparison) using the tabset along the bottom frame.
The five-window Industry Comparison workspace provides a comparison of a stock’s volatility measures against those of comparable companies in the same industry group:
- Custom Comps: the company is grouped in the upper pane along with its competitors with a share price and volatility comparison. Check related companies to see their data reflected across all windows.
- Implied Volatility Comparison: the measure of volatility for each of the selected companies appears below in the Implied Volatility Comparison window along with the share price of the company under analysis, which is plotted as a gray line in the background.
- Underlying Price: in addition to displaying volatility comparisons, this tab allows the user to compare the share price performance of the chosen underlying with its peer group, the S&P 500 index, and other custom-defined companies.
- Skew Comparison: it displays the “volatility smile” created by the premium paid for options.
- Volatility Profile Comparison: it shows the Historical readings of volatility over time.
More information on Volatility Lab can be found in our Users' Guide.