What This Screener Shows

Two complementary signals on every tracked underlying: total options volume (call + put activity) and IV rank (where current 30-day implied volatility sits in the trailing 90-day distribution from 0% to 100%). Unusual volume often precedes price movement — institutional flow leaves footprints — and IV rank tells you whether options are priced rich or cheap relative to recent history.

How to Read the Columns

• Options Volume: Total contracts traded across the chain. Outsized volume vs the symbol's typical daily activity is the headline alert — it usually correlates with news, earnings positioning, or a directional bet by sophisticated players.
• IV Rank (30D): Current 30-day ATM IV expressed as a percentile vs the last 90 trading days. IV Rank above 50% means premium is elevated and selling strategies (credit spreads, iron condors, covered calls) get more compensation; below 20% means buying premium (long calls, debit spreads) is comparatively cheap.
• P/C Volume Ratio: Puts traded ÷ calls traded. Ratios above 1.5 indicate bearish positioning or hedging demand; ratios under 0.7 indicate bullish positioning or speculative call buying.

Strategy Tips

• Pair high-volume + high-IV-rank symbols with the Iron Condor Screener — those are the prime premium-selling candidates.
• High-volume + low-IV-rank often signals an upcoming catalyst the market hasn't priced into vol yet; long straddles or directional debit spreads can fit.
• Earnings season distorts both columns — use the Earnings IC Screener when an earnings date is within the next 14 trading days.