Worldwide Option Analytics Service is a data offering between Exchange Data International and Symbol Master Inc (SMI), developed using a proprietary code and unified file-based approach by SMI. The Worldwide Option Analytics dataset delivers real market data using implied volatility as the core calculation method.
Key Features of Worldwide Option Analytics
- No assumptions about the volatility surface
Each option strike is evaluated independently, without enforcing a smooth or arbitrage-free curve. The model avoids macro-theoretical adjustments and reflects the market view as it is. - Clarity through transparency
If a derived value cannot be produced, the system provides a clear explanation. Each record includes a “Reason” column showing why a result was not generated. These factors typically involve mathematical violations or market conditions that make a calculation invalid. - Five defined caution messages
To ensure clarity, five standardized messages are used in the Reason column. These messages help users understand why certain values may be missing and reinforce the programmatic integrity of the approach. - Designed for signal, not noise
This dataset is built to reduce data noise and emphasize actionable information. It is especially useful for identifying liquidity, pricing efficiencies, and areas of inefficient pricing in the market.
Target Assets
- Equity options
- Equity index options
Use Case of Worldwide Option Analytics
Ideal for quantitative users who need to understand actual liquidity assumptions and market conditions without assumptions influencing the data.
Worldwide Option Analytics Coverage
- Includes 21 Countries including the United States of America
- Covers G7, and Emerging Markets, as marked in the associated coverage list
- Additional markets may be available upon scheduling a review call with SMI
