OPTIONS DISCOVERY EPISODE 7: A GUIDE TO IV RANK AND IV PERCENTILE; LEX LUTHRINGSHAUSEN BREAKS DOWN IMPLIED VOLATILITY AND HOW TO MEASURE IT WITH JLN’S ALEX TENG
In this episode of Options Discovery, Alex introduces different metrics to describe an option’s implied volatility. Alex also sits down with long time trader and options expert Lex Luthringshausen in another Options Discovery interview. Lex describes what IV rank and IV percentile are and how traders use them to inform their trades. He also talks about his background and career.