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Today, EXPE has an IV Rank of 84%, placing it in the high range for options analysis.
Expedia Group — Implied volatility rank, VRP edge, and volatility regime
Expedia Group (EXPE) operates in the Consumer Discretionary sector and has actively traded listed options. Its IV Rank sits at 83.9%, placing premiums in the rich half of the 52-week range. IV Rank 84% is 23pp above the Consumer Discretionary sector median of 61%. Rich premiums may suit short-volatility setups. EXPE expected move analysis.
Base case: EXPE IV Rank at 84% with earnings in 3 days — premiums likely inflated by event risk; post-event IV crush is the dominant theme.
IV Rank measures where EXPE's current implied volatility sits in its 1-year history — 0% means the cheapest premiums of the year, 100% means the richest. It is the canonical filter premium sellers use to decide whether option pricing is attractive enough to short. EXPE's current IV Rank of 84% places premiums in the top quintile of the 52-week distribution.
High IV Rank suggests options are pricing more uncertainty than usual, which is a necessary condition for premium-selling edge. The sufficient condition is positive VRP — implied volatility actually overshooting the realized movement of the stock. EXPE's current VRP of +18.8pp confirms options are overpricing realized movement and short-premium structures carry an edge.
IV Rank rotates over volatility cycles: rich premiums today often follow a catalyst (earnings, macro event, sector stress) and then mean-revert. For EXPE's expected price range derived from this volatility, see the EXPE expected move. For premium-selling signals that combine IV Rank with VRP and other factors, see the EXPE premium selling signal.
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See whether EXPE IV Rank is rising, falling, or flat over the past 20 days — and what that means for entries.
Traders track IV Rank momentum, not just absolute level. Rising from a low base often beats falling from a high.
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This helps you judge whether implied volatility is elevated enough to justify selling options. High IV Rank means premiums are rich compared to the past year.
IV Rank above 50 generally favors premium sellers — you're collecting above-average premium.
IV Rank = (Current IV − 52w Low IV) / (52w High IV − 52w Low IV) × 100ORATS 30-day implied volatility, 52-week IV high/low
ORATS institutional options data, updated daily after market close (~6:00 PM ET)
IV Rank uses a fixed 1-year lookback. Regime changes (e.g., post-COVID vol reset) can distort the range. IV Rank alone does not indicate direction.
Higher IV Rank means relatively richer premiums compared to each stock's own history.
Quantitative screening, not investment advice. Verify with your broker. Disclaimer
Expedia Group's IV Rank of 83.9% places current implied volatility above 80% of readings from the past 252 trading days. Options premiums are historically rich — this is the environment where premium sellers have the largest absolute edge. High IV Rank combined with a positive VRP of +18.8pp means options are both historically expensive AND overpriced relative to actual movement. Iron condors, strangles, and credit spreads all benefit from selling at these elevated levels.
Expedia Group's IV Rank measures where current implied volatility sits relative to its 252-day range. At 83.9%, it indicates how rich or cheap options premiums are compared to the past year. Premium sellers generally prefer IV Rank above 30–50%, as higher IV means more premium per contract and a greater statistical edge — assuming VRP confirms actual overpricing.
Expedia Group's implied volatility overprices realized movement by 18.8pp — a large gap that represents the core edge for premium sellers. The options market expects significantly more volatility than the stock is delivering, creating systematic overpricing that short premium strategies capture. Calming realized volatility amplifies this edge further. See the VRP Analysis page for the full historical spread and trend direction.
VolRadar's signal prioritizes relative mispricing (RV Ratio) over absolute premium level (IV Rank). A ticker with low IVR but very low RV Ratio may show a Strong signal because options are significantly overpriced relative to actual movement. For richest absolute premiums, check IV Rank (>50%). Not financial advice — quantitative screening tool.
Free embeddable tool: IV Rank Gauge — add daily IV Rank to any site. No signup, no API key.
IV 30d (64.7%) − HV 20d (46.0%) = +18.8pp
HV 20d (46.0%) ÷ IV 30d (64.7%). Below 1.0 = options overpriced.
| Metric | Value |
|---|---|
| HV 20d (ORATS) VRP | 46.0% |
| IV 30d (ORATS) | 64.7% |
| 61.4% |
| 0.76 |
| +12.4pp |
| weak |
| MAR | 61.5% | 0.78 | +7.9pp | weak |
| BBY | 54.6% | 0.78 | +10.9pp | weak |
Expedia Group's IV Rank is 83.9%, meaning current implied volatility is higher than 84% of readings over the past 252 trading days. This high level suggests rich premiums for option sellers.
Expedia Group's Volatility Risk Premium (VRP) is +18.8pp. Yes — IV significantly exceeds realized volatility, meaning options are overpriced relative to actual movement. This is the statistical edge premium sellers seek.
Expedia Group's IV Rank is 83.9% — meaning current IV is higher than 84% of readings over the past year. This is elevated, so option premiums are richer than usual. Most theta gang traders prefer selling when IV Rank is above 30–50%.
Among Consumer Discretionary peers, Expedia Group has an IV Rank of 83.9%. Expedia Group leads the sector. The next highest peer is ROST at 62%, suggesting Expedia Group offers richer absolute premiums within the sector.
Expedia Group's volatility is calculated using the Yang-Zhang estimator, which incorporates overnight gaps, opening range, and intraday movement — more accurate than simple close-to-close calculations for stocks with significant pre/post-market activity. The RV Ratio (0.71) compares realized volatility (HV 20d) to implied volatility (IV 30d). Below 0.85 means actual movement is well below what options are pricing in — favorable for premium sellers.
Expedia Group's RV Ratio of 0.71 indicates calming volatility — recent price movement is smaller than the longer-term baseline. When RV is declining but IV hasn't adjusted fully, the gap between them (VRP) widens, benefiting premium sellers. Calming volatility often precedes further IV compression, making current IV levels relatively expensive. This is a favorable environment for selling premium.
With earnings approximately 3 days away, Expedia Group's IV Rank includes a significant earnings premium component. IV typically ramps 7–14 days before earnings as hedgers and speculators bid up option prices. This inflates the IV Rank above where it would be without the upcoming event. After earnings, IV typically crushes — often by 20–40% — as uncertainty resolves. The current IV Rank should be interpreted as "event-elevated" rather than a pure measure of the stock's structural volatility level.