Fx Options-- 15.2, 13.5 what?!

Hi,

Im wondering if anyone here could help educate me a little. Recently Ive been looking in to Options as an aid in my forex trading. Im using Oanda's news for my info.

Im trying to work out how the 12.5s and 15.2 IV are calculated.

Any help would be great, and I may add some more questions(most likely will). Sorry for the questions, the first time id even thought about looking at Fx Options was 2 days ago.

Cheers, Leon

bump...

I'm also using Oanda FXNews and I see that there is a lot of options related information.

Any help will be highly appreciated.

Hey Ricardo,

I later realised that the IV(implied Volatility) was rather useless in regards to what I am trying to acheive. I would say not to abandon the Look at options but concetrate on the strike prices and Expirey dates more than all else(regarding Options).

I previously posted quite afew other questions in this thread regarding options, But it seems that the majority of people know nothing about what Im talking about/or dont want to help out........ Which could be a good sign.

Something Ive been thinking about recently is using Futures data from the CME site in conjunction with trading FX. Im not sure how it will slot together or even how to interpret the Data properly at the moment though. Its still early days.

There are alot of terms im not familiar with yet and stats that I dont understand, nothing that a little swatting wont fix.

Leon

Oh, And I would also say that swaps deserve a little investigation aswell. Like I posted in the other thread Options&swaps account for over 50% of FX volume.

Leon

I was thinking exactly the same...

Well, this is the first time I'm trying to learn something about options and I've been trading for a year now, so I'm not surprised that a lot of people here don't know/care about it. And like you said, that could be a good sign.

Ricardo.