Volatility Metrics
Historical implied and realized volatility
Track implied and realized volatility patterns over time to identify trading opportunities.
Sparkline Widgets
| Metric | Description |
|---|---|
| IV Rank | Current IV vs 52-week range (0-100%) |
| RV 30 | 30-day realized (historical) volatility |
| IV Percentile | % of time IV has been lower historically |
| IV - RV 20 | Difference between implied and 20-day realized volatility |
Charts
Implied Volatility
- ATM IV, IV Rank, IV Percentile
- Vega Weighted IV, Vol of Vol
Realized Volatility
- RV 5, RV 10, RV 20, RV 30, RV 60 (different lookback periods)
Comparative Volatility
- IV Minus RV20, IV Premium 20
- IV Rank, IV Percentile
Structural Volatility
- IV Skew Z Score, Vol Term Structure Slope
- IV Mean Reversion Z, Tail Risk Indicator
Interpreting the Data
| Metric | Low Value | High Value |
|---|---|---|
| IV Rank | Cheap options (0-20%) | Expensive options (80-100%) |
| IV - RV | IV discount (negative) | IV premium (positive) |
| IV Percentile | Low relative IV | High relative IV |
Trading Applications
| Observation | Strategy |
|---|---|
| High IV Rank | Sell premium—iron condors, credit spreads |
| Low IV Rank | Buy options—long straddles, debit spreads |
| IV > RV | Volatility premium exists—sell strategies |
| IV < RV | Volatility discount—buy strategies |
Note: Past volatility patterns may not repeat. Use with other analysis.
