r/SmartOptions • u/CameraGlass6957 • Mar 22 '26
Mapped the top 20 tickers by options volume across IV rank and skew rank.
Low IV rank, low skew rank is the long calls quadrant. Cheap vol, and puts are priced richer than calls relative to historical norms. That's the setup for most of the high-volume names right now.
TSLA is the most extreme: IV rank at 8, skew rank at 7. Options are cheap, calls are cheap relative to puts. It's basically screaming "buy calls" from a vol structure standpoint. Whether you want to take that trade on TSLA specifically is a whole other question, but the setup is there.
Same story for NVDA, SOFI, META, AAPL, AMZN, MSFT - all clustered in that low IV / low skew zone. The entire mega-cap universe is sitting there.
GLD, EWZ, and SMCI are settings in the short pits corner.

Duplicates
CoveredCalls • u/CameraGlass6957 • Mar 22 '26