ELV Elevance Health
ELV IV Rank — are Elevance Health's options cheap or expensive right now?
IV Rank
54
Expensive — favor selling premium
0 · cheap50100 · expensive
Current IV
35%
IV Percentile
86%
52-wk IV high
52%
52-wk IV low
15%
Where current IV sits in its 52-week range
15%52%
Elevance Health's options are currently expensive. With an IV Rank of 54, implied volatility sits near the top of its 1-year range and richer than roughly 86% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.
Suggested play
Short strangle / iron condor
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for ELV →
Other healthcare names
Frequently asked
What does an IV Rank of 54 mean for ELV?
It means Elevance Health's implied volatility is currently near the high end of its past-year range, so its options are relatively expensive.
Should I buy or sell ELV options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.
IV Rank data is 15-minute delayed. Educational information, not investment advice.