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XLV Health Care Sector ETF

XLV IV Rank — are Health Care Sector ETF's options cheap or expensive right now?

IV Rank
90
Expensive — favor selling premium
0 · cheap50100 · expensive
Current IV
13%
IV Percentile
94%
52-wk IV high
14%
52-wk IV low
4%
Where current IV sits in its 52-week range
4%14%

Health Care Sector ETF's options are currently expensive. With an IV Rank of 90, implied volatility sits near the top of its 1-year range and richer than roughly 94% 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 XLV
Other etf names
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Frequently asked

What does an IV Rank of 90 mean for XLV?
It means Health Care Sector 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 XLV 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.