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Today, WYNN has an IV Rank of 27%, placing it in the low range for options analysis.
Wynn Resorts — Implied volatility rank, VRP edge, and volatility regime
Wynn Resorts (WYNN) operates in the Consumer Discretionary sector and has actively traded listed options. Its IV Rank reads 26.8%, mid-range within the past year — neither cheap nor rich. IV Rank 27% is 35pp below the Consumer Discretionary sector median of 62%. Average IV can work with directional or defined-risk structures. WYNN expected move analysis.
Base case: WYNN IV Rank at 27% with earnings in 3 days — premiums likely inflated by event risk; post-event IV crush is the dominant theme.
IV Rank measures where WYNN'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. WYNN's current IV Rank of 27% places premiums in the mid-range 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. WYNN's current VRP of +6.1pp 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 WYNN's expected price range derived from this volatility, see the WYNN expected move. For premium-selling signals that combine IV Rank with VRP and other factors, see the WYNN premium selling signal.
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See whether WYNN IV Rank is rising, falling, or flat over the past 20 days — and what that means for entries.
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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
Wynn Resorts's IV Rank of 26.8% means premiums are in the lower portion of the 252-day range. Absolute premium available per contract is reduced, which compresses potential returns for sellers. However, low IV Rank doesn't necessarily mean selling is wrong — if VRP is still positive (currently +6.1pp), options may still be overpriced relative to actual movement. The win rate can be high in low-IV environments because the stock is genuinely calm.
Wynn Resorts's IV Rank measures where current implied volatility sits relative to its 252-day range. At 26.8%, 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.
Wynn Resorts's IV Rank of 26.8% is lower than most Consumer Discretionary peers. This suggests either the stock is genuinely calmer than peers, or the market has already compressed IV after a recent catalyst resolution. For premium sellers focused on sector plays, peers with higher IV Rank may offer better absolute returns. Higher-IV alternatives: EXPE (84%), ROST (62%), MAR (62%).
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 (40.3%) − HV 20d (34.1%) = +6.1pp
HV 20d (34.1%) ÷ IV 30d (40.3%). Below 1.0 = options overpriced.
| Metric | Value |
|---|---|
| HV 20d (ORATS) VRP | 34.1% |
| IV 30d (ORATS) | 40.3% |
| 31.7% |
| 0.74 |
| +15.6pp |
| weak |
| TPR | 61.4% | 0.76 | +12.4pp | weak |
| MAR | 61.5% | 0.78 | +7.9pp | weak |
Wynn Resorts's IV Rank is 26.8%, meaning current implied volatility is higher than 27% of readings over the past 252 trading days. This low level means premiums are relatively cheap, which is less favorable for selling options.
Wynn Resorts's Volatility Risk Premium (VRP) is +6.1pp. Yes — IV significantly exceeds realized volatility, meaning options are overpriced relative to actual movement. This is the statistical edge premium sellers seek.
Wynn Resorts's IV Rank is 26.8% — meaning current IV is higher than 27% of readings over the past year. This is low, meaning premiums are relatively cheap. Most theta gang traders prefer selling when IV Rank is above 30–50%.
Among Consumer Discretionary peers, Wynn Resorts has an IV Rank of 26.8%. EXPE leads the sector at 84% IV Rank versus Wynn Resorts's 27%. Both may offer premium selling opportunities depending on other conditions.
Wynn Resorts'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 (0.85) 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.
Wynn Resorts's RV Ratio of 0.85 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, Wynn Resorts'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.