Calendar Arb, Skew Trades & Relative Value
Volatility Arbitrage
Calendar arb, skew trades and relative value in one scanner. Identifies where implied vol diverges from statistical vol for mean-reversion trades.
No account needed to look at it on AAPL. Live market data on every plan, and you can cancel any time.
The screen
What the module
actually shows.
A real capture, not a mockup. Click it to enlarge, then open the same screen live on AAPL.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
What is Volatility Arbitrage?
Volatility Arbitrage The Volatility Arbitrage scanner identifies mispricings across the vol surface — calendar spread opportunities from term structure divergence, skew trade signals and cross-ticker relative value.
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
Inside the module
Every panel,
and its job.
What the screen opens with, part by part.
Calendar Arb
Front vs back IV ratio with opportunity scoring
Skew Trades
Put/call skew signals for directional vol trades
Relative Value
Single ticker analysis, market scan and pairs matching
Signal Generation
Long/short recommendations with quality scoring
Why it matters
What this buys you
on the desk.
How traders read Volatility Arbitrage when they are looking for an edge worth taking.
Exploit Term Structure Mispricings
When front-month IV is unusually high relative to back-month, the calendar arb tab flags it. Sell front, buy back for a term-structure mean-reversion trade.
Trade Skew Directionally
The skew trades tab identifies when put skew is unusually steep or flat. Steep skew = sell put spreads. Flat skew = buy protective puts cheaply.
Pair Rich Against Cheap
The pairs scanner matches tickers with extremely high IV rank against those with extremely low — the building blocks for any relative value vol strategy.
How it works
From a ticker
to a decision.
The order the screen expects you to work in.
-
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
When you would
reach for it.
- Calendar Spread Selling
- Find elevated front-month IV, sell a calendar spread and profit from term structure normalisation.
- Pairs Vol Trade
- Short vol on the rich ticker, long vol on the cheap ticker — market-neutral exposure to vol mean reversion.
Questions
What people ask
about this screen.
What is a calendar arb?
A calendar arbitrage opportunity exists when the IV ratio between two expirations diverges significantly from normal levels. Selling the relatively expensive expiration and buying the cheap one captures the mean reversion.
How are pairs matched?
The scanner identifies tickers at IV rank extremes (one very high, one very low), filters for adequate correlation and liquidity, then ranks by spread width and mean reversion probability.
Keep reading
What traders open
next to this.
Calendar Spread Analyzer Read the guide
Front/Back IV Ratio Read the guide
Relative Value Scanner Read the guide
Read next
Run it, do not just read it
You have read the screen.
Now run it.
Volatility Arbitrage is one pane of the Terminal, and it opens on AAPL without an account. Every plan points the same module at the other 5,500 tickers.
Real market data, not a sandbox. Open Volatility Arbitrage on AAPL.