The term “How To Scan For High Volatility Options On Thinkorswim” refers to the process of identifying options contracts with high implied volatility (IV) using the Thinkorswim trading platform. High IV options have a greater potential for large price movements, making them attractive to traders seeking higher returns.
Scanning for high volatility options can provide several benefits to traders. Firstly, it allows them to identify potential trading opportunities with increased profit potential. Secondly, by focusing on options with high IV, traders can hedge their portfolios against market volatility. Lastly, scanning for high volatility options can help traders gauge market sentiment and make informed trading decisions.