Implied Volatility

How implied volatility drives options pricing, where the edge lives, and how to use IV Rank, IV Percentile, and the IV/HV ratio to time your entries and exits. The single most important concept for options sellers to master.

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The Danger of Chasing Volatility: Why Timing Matters More Than Strategy in Options Selling

High IV pays sellers who arrive after fear peaks and punishes those who arrive during it. The timing framework, with a fully worked two-seller case study.

Lessons from Past Panics: What Three Historical Volatility Spikes Actually Taught Options Sellers

Dot-com, 2008, and COVID all rewarded disciplined premium sellers. The honest lessons, including what the highlight reel omits about Buffett's trade.

The Volatility Picture

The VIX sinks 14% to 15.81 and premium thins out. Plus the Nobel Prize research that explains why volatility spikes never last.

Andrew Crowder

IV Rank, IV Percentile, and Expected Move: How to Read Volatility Before You Trade

IV Rank, IV Percentile, and Expected Move tell you if options are cheap or rich and how far a stock may move. A practical, honest guide with clear examples.

How to Sell Options Without Blowing Up Your Account

Premium selling wins small and loses big. Learn the three mistakes that sink sellers, the strike and sizing rules that work, and how to manage every trade.

The Variance Risk Premium: The Research Behind Why Selling Options Works

Four cited academic papers. The edge that premium sellers harvest is not folklore. It has a name in the academic literature, decades of peer-reviewed evidence, and a clear price tag in risk.

Andrew Crowder

IV Rank vs. IV Percentile: Why Every Premium Seller Needs Both (and Which One I Trust More)

IV Rank uses 2 data points. IV Percentile uses 252. A single spike can blind IVR for months while IVP stays accurate. Learn the formulas, the spike distortion problem, and how to use both together with real examples.

Andrew Crowder

The Implied Truth: How to Read Our Weekly Volatility Tables

Learn to read The Option Premium's weekly volatility tables in under 2 minutes. Covers IV Rank, IV Percentile, relative strength, ADX, and a 5-step scan to find the richest premium-selling setups.

Andrew Crowder

Best Stocks for Credit Spreads: A 7-Step Selection Framework

How to find the best stocks for credit spreads using liquidity, IV rank, IV percentile, and expected move. A step-by-step framework for consistent profits.

IVR vs IV Percentile: Which Volatility Metric Matters for Options Traders?

IV Rank and IV Percentile can give opposite signals on the same stock. Learn which volatility metric is more reliable for selling options premium, and how to use both.

The Covered Call Strategy: A Complete Guide for Income Traders

Master the covered call strategy with this complete guide covering strike selection, IV timing, rolling techniques, and when to avoid covered calls entirely.

Andrew Crowder

Using Expected Move the Right Way: A Simple (And Essential) Tool That Quietly Improves Every Options Trade

Learn how expected moves help options traders choose high-probability strikes, manage risk, and structure smarter premium-selling trades using volatility.

Andrew Crowder