py_vollib

What it is

The Python implementation of the vollib library for option pricing. It calculates option prices, implied volatilities and Greeks under classic closed-form models such as Black-Scholes and Black-76. Quant researchers, options traders and developers who need implied volatility calculations inside Python code are the main users, for example when building volatility surfaces from quotes. It covers these standard models, so exotic products or stochastic volatility models require other tools.