How do I determine the ATM_strike and ATM_vol if I have the following information?
Spot price = 100
Strike prices = [100 120 140 160 180 200]
Market implicit volatilities = [18.7 16.9 12.8 11.9 10.1 9.7]/100
T = time to maturity = 0.185
If I plot the volatility smile (i.e. plotting strike prices against impl_vol), is the ATM_strke and ATM_vol the minimum point on this smile?
Spot price = 100
Strike prices = [100 120 140 160 180 200]
Market implicit volatilities = [18.7 16.9 12.8 11.9 10.1 9.7]/100
T = time to maturity = 0.185
If I plot the volatility smile (i.e. plotting strike prices against impl_vol), is the ATM_strke and ATM_vol the minimum point on this smile?