Index IVR Over Individual Stock IVR

As tastytraders, we’re always looking to take advantage of opportunities and sell high implied volatility rank (IVR). But when it comes to choosing between index products or individual stocks to sell high IVR, <a href="https://youtu.be/It2Lo6gViVY" target="_blank">we almost always choose indexes.</a> By and large, indexes aren’t exposed to the same level of <a href="http://ontt.tv/2rXhBxL" target="_blank">outlier risk</a> that individual stocks are, so when volatility is high across the board (like it is now), we usually opt for the indexes. Leaning on this idea, we look to add a new trade in SPY to the portfolio.