IV Shift
Live IV smile vs previous close vs ORATS forecast, with expansion/compression bars by strike. See exactly where the surface is shifting — and whether the market agrees with the model.
What is IV Shift?
IV Shift IV Shift provides institutional-grade smile shift analysis comparing live IV against prior sessions, ML forecasts and 30-day envelopes to identify mispriced strikes and vol regime changes.
Why This Matters for Your Trading
How professional options traders use IV Shift to find edge.
See Where the Smart Money Is Repricing
The smile shift shows you exactly which strikes saw IV expansion (institutional buying) and compression (selling) since the last session. These flows often precede directional moves.
Find Rich Strikes with ML Precision
The ORATS forecast overlay shows what IV 'should' be at each strike. Strikes trading above the forecast are overpriced — the Rich Strikes table ranks them by vol selling edge.
Multiple Confirmation Signals
The confluence chart combines model richness, envelope percentile and shift direction into a single view. When all three align, the signal is highest conviction.
Compare to Any Historical Date
Compare today's smile against pre-earnings, pre-FOMC, 1 week ago or any custom date. See how the entire surface has evolved.
See It in Action
Live smile vs previous close vs ORATS forecast with confidence bands
Richness heatmap showing which strikes are rich or cheap vs model
Rich Strikes table ranking the best vol selling opportunities
Key Features
Live vs Forecast
ML-predicted smile overlay with confidence bands
3 Heatmap Modes
Change, Richness (vs model) and Envelope Percentile
Rich Strikes Table
Ranked list of overpriced strikes by vol selling edge
Confluence Scoring
Combined multi-signal overlay for highest conviction
How It Works
Select ticker
Enter any US stock or ETF
Review data
Analyse the key metrics and charts
Identify signal
Find the actionable insight
Execute
Use the signal to inform your trade
Use Cases
Use the Rich Strikes table to find the highest-edge strikes for credit spreads — where IV exceeds the model by the widest margin.
Compare today's smile to pre-earnings shape to see if the market is pricing a similar event premium.
When the entire smile shifts higher vs the envelope, it signals a vol regime change — adjust your strategy mix from selling to buying.
Frequently Asked Questions
What is the ORATS forecast?
An ML-predicted smooth volatility smile that represents what IV 'should' be at each strike based on ORATS' proprietary model. Strikes trading above or below the forecast are potentially mispriced.
What are envelope percentiles?
The 30-day range of IV at each strike, shown as p5–p95 bands. An envelope percentile of 90 means current IV at that strike is higher than 90% of readings in the last 30 days.
Related Features
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