How to do a scan/filter for IV of nearest weekly options?

FBones

New member
Hello, I asked a similar question earlier, and it got moved to the "IV Rank and IV Percentile Indicator" thread. I don't think that is a good fit because I'm not asking about IV Rank or IV Percentile (which is a comparison of current IVs against historical IVs), and I'm specifically trying to use a scanner rather than a chart.

My question is: how can I build a scanner that filters based on the implied volatility of the current front weekly options?

Actually, what I'd like is a scan that compares the IV of the current weekly options to the IV of options just a little farther out.

For example, today I found FLEX that had weekly options with IVs around 140-150% but that had options 2 weeks out with IV only 90%. These make fantastic calendar/diagonal spread opportunities, and I'd like to be able to scan for these.
 
Solution
  1. Using "Option Hacker" tab.
  2. Choose "add filter" then choose "option".
  3. Set the DTE (days to expiration) and then set the desired implied volatility.

MpbHGV9.png
  1. Using "Option Hacker" tab.
  2. Choose "add filter" then choose "option".
  3. Set the DTE (days to expiration) and then set the desired implied volatility.

MpbHGV9.png
 
Solution
  1. Using "Option Hacker" tab.
  2. Choose "add filter" then choose "option".
  3. Set the DTE (days to expiration) and then set the desired implied volatility.

MpbHGV9.png
Thanks! I didn't think to use this simple option. I was making it hard on myself by looking at the IV of stocks rather than searching directly for the options.
 

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