COSTFREELEVELS4FIRST TRADE10 MINCARDNONEACCOUNTOPTIONALNOT TRACKING
IMPLIED VOLATILITY (IV)
How much drama the market is pricing in. High drama makes options expensive — and when the drama passes, they get cheap fast even if you were right.
The market's expectation of future price movement, priced into an option.
LEARN THIS PROPERLY
This word comes from the Bidness Academy, a free trading program you can start at zero.