
For options traders, implied volatility (IV) often matters just as much as price direction. The problem? Tracking metrics like IV Rank, IV Percentile, and IV/historical volatility (HV) ratios can feel overwhelming.
That’s where Barchart’s Profit & Loss (P&L) charting feature comes in. In his recent video, Rick Orford shows how traders can quickly read volatility signals to determine if they’re stepping into the market at the right time.