What is implied volatility in options & how does it affect options

Namaskar doston. Angel Broking ke is podcast me aapka swagat hai.

Doston aaj hum options ki ke baare me baat karne jaa rahe hain. To be more specific, hum aaj ye jaanenge ki implied volatility ka kya matlab hota hai aur iska options ki pricing par kya effect hota hai. Uske baad, we will discuss a few points to consider when forecasting implied volatility.