XBI Biotech ETF
XBI IV Rank — are Biotech ETF's options cheap or expensive right now?
IV Rank
72
Expensive — favor selling premium
0 · cheap50100 · expensive
Current IV
34%
IV Percentile
86%
52-wk IV high
40%
52-wk IV low
19%
Where current IV sits in its 52-week range
19%40%
Biotech ETF's options are currently expensive. With an IV Rank of 72, 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 XBI →
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Frequently asked
What does an IV Rank of 72 mean for XBI?
It means Biotech ETF'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 XBI 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.