IV Rank
A percentile measure (0-100) showing where current implied volatility sits relative to its range over the past year.
Explained Simply
IV rank tells you whether options are relatively cheap or expensive compared to the stock's own history. An IV rank of 90 means current IV is near its highest point in the past year — options are expensive. An IV rank of 10 means they're near the cheapest they've been all year. This is different from raw IV: a stock with 50% IV might have a low IV rank if its IV typically ranges from 40-80%.
How Tradewink Uses IV Rank
IV rank is a core input for our volatility play signals and options strategy selection. High IV rank (>60) triggers premium-selling strategies (iron condors, credit spreads). Low IV rank (<20) triggers options-buying strategies (straddles, long calls/puts). The TradeRouter also uses IV rank to decide whether to trade a stock via equities or options.
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See IV Rank in action
Tradewink uses iv rank as part of its AI trading signal pipeline. Start getting signals that use this concept to find real opportunities.