What does the OptiView Historical IV tool show?

The OptiView volatility tool shows your selected option(s) historical implied volatility and distribution for deeper identification of deviating IV regimes. The tool calculates this for both single and multi-leg option strategies, allowing you to identify periods of elevated and/or depressed IV.

What the tool shows

  • History (left chart): A time-series line of past IV values for your selected option or strategy, up to the current moment
  • Distribution (right chart): A histogram showing how frequently IV has traded at each level. Wider bars mean IV spent more time there
  • The solid line marks the current IV; The dashed line marks the historical average

How to access the historical IV tool

  • Access the Strategy Builder page and make sure you have an option already selected
  • Open the multi-function panel at the bottom of the chart
  • Select the Historical IV tab to view the historical IV and IV distribution of the selected options combination