Implied Volatility Rank (IV Rank) and Implied Volatility Percentile (IV Percentile) are essential tools for options traders looking to gauge whether current volatility levels are high or low relative to historical norms.

IV Rank shows how current implied volatility compares to its range over a set time period—typically the past year—while IV Percentile tells you the percentage of time volatility has been lower. These metrics help traders identify opportunities to sell premium when volatility is elevated or anticipate cheaper options when volatility is low.

By incorporating IV Rank and Percentile into their strategy, traders can better time entries, manage risk, and optimize the performance of volatility-based trades.

This video will explain these concepts, why they should matter to you, and how you can improve your trading results by incorporating Barchart's IV Rank and Percentile into your overall trading strategy.

Huge thanks to Hans Albrecht for creating this video on our behalf! Please make sure to check out his website at: www.optionswithhans.com. And give him a follow on X @hanscashflow.