GDX Gold Miners ETF
GDX IV Rank — are Gold Miners ETF's options cheap or expensive right now?
IV Rank
34
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
46%
IV Percentile
38%
52-wk IV high
88%
52-wk IV low
24%
Where current IV sits in its 52-week range
24%88%
Gold Miners ETF's options are currently moderately priced. With an IV Rank of 34, implied volatility sits in the middle of its 1-year range and richer than roughly 38% 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
Cash-secured put / covered call
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for GDX →
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Frequently asked
What does an IV Rank of 34 mean for GDX?
It means Gold Miners ETF's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
Should I buy or sell GDX 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.