I receive ideas and requests every day from Slopers, but I’ve never received such a consistent request as the one for IV Rank. There has been a tremendous clamoring for it lately, so I am delighted to let you know that we’ve done it, and in typical Slope style, we’ve done it better than anyone else.
For those unacquainted with IV Rank, the concept is simple. Volatility, which SlopeCharts already has here, measures the implied volatility of a given financial instrument based upon its options pricing. The volatility varies from instrument to instrument, but for any one instrument, it’s the relative volatility that is of interest to us.
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