Term Structure Constant

# Definition

The "Term Structure Constant" endpoint displays the at-the-money (ATM) implied volatility for fixed, standardized maturities, regardless of the actual expiration dates of the options for ETFs and crypto-related equities. This standardization allows for consistent comparisons across different assets and time horizons.

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# Details

- Displays at-the-money (ATM) implied volatility for fixed, standardized time-to-expiration (DTE) values, such as 30 days, 60 days, 90 days, and more.
- Enables standardized comparisons of volatility across different time horizons, as the maturities remain constant regardless of actual expiration dates.
- Useful for analyzing the overall term structure of implied volatility and identifying potential mispricing or arbitrage opportunities in ETFs and crypto-related equities options markets.

# API Endpoints

[<span style={{ textDecoration: "none" }}>/markets/derivatives/analytics/volatility/term-structures/forward-volatility/constant/tradfi</span>](https://docs.amberdata.io/reference/tradfi-volatility-term-structures-constant)

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# Availability

|                                                            | Start Date | Granularity |
| :--------------------------------------------------------- | :--------- | :---------- |
| BITX, BITO, COIN, EETH, ETHU, MARA, MSTR, MSTU, SATO, IBIT | 2024-11-01 | 5 min       |
| BITX, BITO, COIN, EETH, ETHU, MARA, MSTR, MSTU, SATO, IBIT | 2021-12-01 | Daily       |

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# Frequently Asked Questions