Our benchmark for implied volatility, S&P 500 IV, has gotten back to the 50% IV Rank range.
The benchmark S&P 500 is often the first place we go for opportunity when stocks move, but it doesn’t have to be the only place.
In fact, international markets have greater opportunity in terms of IV Rank than the U.S. equities.
Some of the top underlyings with high IV Rank include Asian market ETFs and emerging markets.
Meanwhile, in the US, the highest IVR stocks without earnings are across a variety of sectors.