# Eurodollar futures volatility

Considering each point is 2500, how can I get the volatility of the jun 24 contract? On tastyworks I'm seeing a 0.7% iv for the contract, how can I translate it to standard deviation? Ex:sp500 15%stdev, gold 20% stdev

• S&P Emini point value is 50, current price is 4400 (approx), notional is 220,000. 15% of this is 33,000 dollars. This is annualized standard deviation for a 1 contract position. Eurodollar: 1 point is 2500, 100 points (hypothetical current price, just for ex.) is 250000 notional, 0.7% is 1750 dollars. Oct 15, 2021 at 15:13
• Thank you for adding context. Do you know why brokerages have different iv? Tastyworks has 0.7% and I'm seeing ibkr tell me it's at 0.07% Oct 15, 2021 at 15:31
• Have you asked the brokerages what their IV quotes represent? Neither 0.7% nor 0.07% seems remotely correct. See, for example, cmegroup.com/tools-information/quikstrike/… Oct 15, 2021 at 17:47
• How can I see the back months on this tool to check the Jun '24 expiration volatility? This is showing that the market is pricing in a 25 bps volatility for EDM2? Oct 15, 2021 at 19:33
• Does the volatility in the quikstrike tool in bps? for example 15 vol= 15bps=15*$25=$375 Oct 15, 2021 at 20:35