The 30 Day Implied Volatility [underlying] is the implied volatility forecasted over the coming 30 days for the underlying. This provides a VIX-type volatility measure to individual underlying.
This criterion can be used in the Brutus Options Ranker in a multitude of ways:
This criterion can be particularly powerful when paired with Implied Volatility Percentile (or Implied Volatility Rank) which provides context to where the volatility lies within the range of minimum and maximum implied volatility over the past year.
