Can you guys add IV Percentile feature in DEXT T3?
Implied Volatility (IV) Percentile represents the percentage of trading days over a set period (usually the past year, or 252 days) where an asset's implied volatility closed below its current level. It tells options traders if current option premiums are relatively expensive or cheap.
If you guys are wondering what is the use of this then, it is used for QUARTERLY RESULTS TRADING STRATEGY, which i learned from upsurge.
But this feature is not available here. Please consider adding it because there is a proper use case for it.
Hello @stockmode,
You asked for IV Percentile three times, twice on the DEXT T3 thread and once here with a full explanation of why it matters for options traders.
IV Percentile is now live on Options Trader Web as part of the IVR and IVP Chart, plotted day-wise alongside ATM IV, with lookback periods from 1 Week to 1 Year. It is also a sortable column in IV Movers, so you can rank all F&O stocks by IVP directly.
To be straight with you, this has landed on Options Trader Web first, not as a DEXT T3 widget. Your original ask for the widget stays on the list.
Insights tab at options-trader.dhan.co.
Would you still want it as a DEXT T3 widget now that the full chart exists on Options Trader Web?
Thanks guys for implementing this feature really appreciate it.