🕷️ Crawler Inspector

URL Lookup

Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 12 (from laksa183)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa012.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://support.spotgamma.com/hc/en-us/articles/15214902101523-RV-Realized-Volatility\')), getAhrefsUnparsedNoserviceFromURL(\'https://support.spotgamma.com/hc/en-us/articles/15214902101523-RV-Realized-Volatility\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15214902101523-RV-Realized-Volatility","crawl_time":1773743267,"first_indexed_time":1705576968,"http_code":200,"src_unparsed":"com,spotgamma!support,\/hc\/en-us\/articles\/15214902101523-RV-Realized-Volatility s443","src_root_hash":"7079851185035467612","history_drop_reason":null,"meta_title":"RV (Realized Volatility) – SpotGamma Support Center","meta_descriptions":["Basic Points RV (realized volatility) shows the actual trading range of how much a stock is moving. It is calculated based on..."],"attrs_boilerpipe_text":"Articles in this section\nAggressors\nAH (After Hours) \/ Premarket & Postmarket\nATM (At The Money)\nBasis Point\nBeta\nBid\/Ask Spread\nBlack Swan\nBlue Chip\nBreakeven Price\nBubble\nSee more\nBasic Points\nRV (realized volatility) shows the actual trading range of how much a stock is moving. \nIt is calculated based on historical movements, and measures the standard deviation, which means about how far it can be expected to move with a 68.3% chance. \nAnother way to look at it is that 68.3% of historical moves would have fallen under what is measured as a standard deviation. \nRealized volatility can be applied to any length of time period, and can also be used as a forecast of future [realized] volatility. \nExpert: Understanding Realized Volatility\nRealized Volatility is also known as historical volatility (HV). This metric serves to quantify and express how much an asset is moving, whether past, present, or modeled for the future. Since it would be odd to project “historical volatility” for the future, realized volatility is used as an interchangeable term so that it can be forecasted as future RV. \nAlthough the mathematical translations are the same, a popular convention is that, unless otherwise specified, HV refers to daily data. Meanwhile, RV is often expressed on a variety of intervals including ultra-short-term analysis, such as on the minute level. \nThe meaning of RV mathematically is that it is the square root of variance, which is also the general relation of “volatility” to variance, whether realized or implied. Variance is then calculated by squaring all deviations from the mean, and then averaging them. \nThe idea of using mathematical models such as GARCH to forecast RV is to estimate the price that implied volatility (IV) will end up at. Likewise, the options market is continually trying to price in how far IV will move.\nThe main idea here in the connection between implied and realized volatility is that the options market is moving IV through imbalances in buying and selling options, and through this auction process, IV is attempting to end up projecting the same range that would match the RV calculation. “In theory, it is the future realized volatility over the life of the option that we need to input into the theoretical pricing model” (Natenberg, 2015, p. 86). But strategically, if IV appears to be overshooting RV, then this creates a tactical premium-selling opportunity. “By selling options at prices lower than theoretical value, a trader creates a positive theoretical edge” (p. 90). And therefore, if IV is undershooting RV on the target timeframe being traded, then, all else equal, there is edge to buy option premium. This way, there can be profit from sharper moves than the options market is pricing in. However, this is only edge and not certainty, and so, like always, risk management and proper sizing is needed to stay safe and avoid unnecessarily heavy losses.\nRelated articles\nWhat is the Realized Volatility index chart?\n0DTE\nPut Wall\nJPM Collar\nSpotGamma SPX Key Levels Statistics","attrs_markdown":"[Skip to main content](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15214902101523-RV-Realized-Volatility#main-content)\n\n[![SpotGamma Support Center Help Center home page](https:\/\/support.spotgamma.com\/hc\/theming_assets\/01HZM0P12X0E46T9Z7G82D2DQ3)](https:\/\/www.spotgamma.com\/)\n\n[ABOUT](https:\/\/spotgamma.com\/about\/ \"ABOUT\") [SUBSCRIBE NOW](https:\/\/spotgamma.com\/subscribe-to-spotgamma\/ \"SUBSCRIBE NOW\") [ACADEMY](https:\/\/academy.spotgamma.com\/ \"ACADEMY\")\n\nFREE RESOURCES\n\n[BLOG](https:\/\/spotgamma.com\/blog\/)  [FREE TRAINING](https:\/\/spotgamma.com\/options-education-30-years-30-minutes\/)  [DEFINITIONS & TERMS](https:\/\/support.spotgamma.com\/hc\/en-us\/categories\/1500000758601-Glossary)   [FAQ & SUPPORT CENTER](https:\/\/support.spotgamma.com\/)\n\nLOGIN\n\n[DASHBOARD](https:\/\/dashboard.spotgamma.com\/)   [PORTAL](https:\/\/spotgamma.com\/portal\/)   [ACCOUNT](https:\/\/spotgamma.com\/account\/)\n\n# SpotGamma Support Center\n### Search\n![](https:\/\/support.spotgamma.com\/hc\/theming_assets\/01HZM0NXZTBKW3FYF2W95ZVEG9)\n\n1. [SpotGamma Support Center](https:\/\/support.spotgamma.com\/hc\/en-us)\n2. [Glossary](https:\/\/support.spotgamma.com\/hc\/en-us\/categories\/1500000758601-Glossary)\n3. [Beginner Trading Concepts](https:\/\/support.spotgamma.com\/hc\/en-us\/sections\/15156136069779-Beginner-Trading-Concepts)\n\n### Articles in this section\n- [Aggressors](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213287245459-Aggressors \"Aggressors\")\n- [AH (After Hours) \/ Premarket & Postmarket](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213310679187-AH-After-Hours-Premarket-Postmarket \"AH (After Hours) \/ Premarket & Postmarket\")\n- [ATM (At The Money)](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213333919507-ATM-At-The-Money \"ATM (At The Money)\")\n- [Basis Point](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213375330707-Basis-Point \"Basis Point\")\n- [Beta](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213385954835-Beta \"Beta\")\n- [Bid\/Ask Spread](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213502539923-Bid-Ask-Spread \"Bid\/Ask Spread\")\n- [Black Swan](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213685473939-Black-Swan \"Black Swan\")\n- [Blue Chip](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213702116371-Blue-Chip \"Blue Chip\")\n- [Breakeven Price](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213758435091-Breakeven-Price \"Breakeven Price\")\n- [Bubble](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213786148755-Bubble \"Bubble\")\n\n[See more](https:\/\/support.spotgamma.com\/hc\/en-us\/sections\/15156136069779-Beginner-Trading-Concepts \"See more\")\n\n# RV (Realized Volatility)\n## Basic Points\n- RV (realized volatility) shows the actual trading range of how much a stock is moving.\n- It is calculated based on historical movements, and measures the standard deviation, which means about how far it can be expected to move with a 68.3% chance.\n- Another way to look at it is that 68.3% of historical moves would have fallen under what is measured as a standard deviation.\n- Realized volatility can be applied to any length of time period, and can also be used as a forecast of future \\[realized\\] volatility.\n## Expert: Understanding Realized Volatility\nRealized Volatility is also known as historical volatility (HV). This metric serves to quantify and express how much an asset is moving, whether past, present, or modeled for the future. Since it would be odd to project “historical volatility” for the future, realized volatility is used as an interchangeable term so that it can be forecasted as future RV.\n\nAlthough the mathematical translations are the same, a popular convention is that, unless otherwise specified, HV refers to daily data. Meanwhile, RV is often expressed on a variety of intervals including ultra-short-term analysis, such as on the minute level.\n\nThe meaning of RV mathematically is that it is the square root of variance, which is also the general relation of “volatility” to variance, whether realized or implied. Variance is then calculated by squaring all deviations from the mean, and then averaging them.\n\nThe idea of using mathematical models such as GARCH to forecast RV is to estimate the price that implied volatility (IV) will end up at. Likewise, the options market is continually trying to price in how far IV will move.\n\nThe main idea here in the connection between implied and realized volatility is that the options market is moving IV through imbalances in buying and selling options, and through this auction process, IV is attempting to end up projecting the same range that would match the RV calculation. “In theory, it is the future realized volatility over the life of the option that we need to input into the theoretical pricing model” (Natenberg, 2015, p. 86). But strategically, if IV appears to be overshooting RV, then this creates a tactical premium-selling opportunity. “By selling options at prices lower than theoretical value, a trader creates a positive theoretical edge” (p. 90). And therefore, if IV is undershooting RV on the target timeframe being traded, then, all else equal, there is edge to buy option premium. This way, there can be profit from sharper moves than the options market is pricing in. However, this is only edge and not certainty, and so, like always, risk management and proper sizing is needed to stay safe and avoid unnecessarily heavy losses.\n\n[![SpotGamma-Subscriptions-CTA-Banner-Support-Center.png](https:\/\/support.spotgamma.com\/hc\/article_attachments\/16171810663059)](https:\/\/spotgamma.com\/subscribe-to-spotgamma\/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=SpotGamma.com)[![SpotGamma-Academy-CTA-Banner-Support-Center.png](https:\/\/support.spotgamma.com\/hc\/article_attachments\/16171810668947)](https:\/\/academy.spotgamma.com\/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=Academy)\n\nWas this article helpful?\n\nYes\n\nNo\n\n7 out of 7 found this helpful\n\nHave more questions? [Submit a request](https:\/\/support.spotgamma.com\/hc\/en-us\/requests\/new)\n\n[Return to top](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15214902101523-RV-Realized-Volatility#article-container)\n\n## Related articles\n- [What is the Realized Volatility index chart?](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBMd1Cf2DToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJSL2hjL2VuLXVzL2FydGljbGVzLzE1MzUwODgxMzI4NDAzLVdoYXQtaXMtdGhlLVJlYWxpemVkLVZvbGF0aWxpdHktaW5kZXgtY2hhcnQGOwhUOglyYW5raQY%3D--184bf958b73e7cfaffa26a080b75827c1bf4cdf9)\n- [0DTE](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBN%2FdPPpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIrL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk4NDYzMDM5MjUxLTBEVEUGOwhUOglyYW5raQc%3D--7ad9433f007ae88e01dc725a445832dd42c22042)\n- [Put Wall](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJOuRs%2FpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIvL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk3ODU2MDU2OTc5LVB1dC1XYWxsBjsIVDoJcmFua2kI--f0d1448f6cfad0ce44010662889af7a92f0b157d)\n- [JPM Collar](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJPgrbybCzoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIxL2hjL2VuLXVzL2FydGljbGVzLzEyNzYzNTEzMzQ4MjQzLUpQTS1Db2xsYXIGOwhUOglyYW5raQk%3D--1b84fd55bb80a11ebef8966c8b8edd4cf94e502d)\n- [SpotGamma SPX Key Levels Statistics](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJMLCZ9iHDoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJKL2hjL2VuLXVzL2FydGljbGVzLzMxMjA5OTAwNTQyODY3LVNwb3RHYW1tYS1TUFgtS2V5LUxldmVscy1TdGF0aXN0aWNzBjsIVDoJcmFua2kK--8b01f66e9142322f1f8a4f8d792360daa0134595)\n\n[©2024 TENTEN CAPITAL LLC DBA SPOTGAMMA]()  [Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.]() [View Full Risk Disclosure.](https:\/\/spotgamma.com\/model-faq\/disclaimer\/)","attrs_readable_markdown":"### Articles in this section\n- [Aggressors](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213287245459-Aggressors \"Aggressors\")\n- [AH (After Hours) \/ Premarket & Postmarket](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213310679187-AH-After-Hours-Premarket-Postmarket \"AH (After Hours) \/ Premarket & Postmarket\")\n- [ATM (At The Money)](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213333919507-ATM-At-The-Money \"ATM (At The Money)\")\n- [Basis Point](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213375330707-Basis-Point \"Basis Point\")\n- [Beta](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213385954835-Beta \"Beta\")\n- [Bid\/Ask Spread](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213502539923-Bid-Ask-Spread \"Bid\/Ask Spread\")\n- [Black Swan](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213685473939-Black-Swan \"Black Swan\")\n- [Blue Chip](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213702116371-Blue-Chip \"Blue Chip\")\n- [Breakeven Price](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213758435091-Breakeven-Price \"Breakeven Price\")\n- [Bubble](https:\/\/support.spotgamma.com\/hc\/en-us\/articles\/15213786148755-Bubble \"Bubble\")\n\n[See more](https:\/\/support.spotgamma.com\/hc\/en-us\/sections\/15156136069779-Beginner-Trading-Concepts \"See more\")\n\n## Basic Points\n- RV (realized volatility) shows the actual trading range of how much a stock is moving.\n- It is calculated based on historical movements, and measures the standard deviation, which means about how far it can be expected to move with a 68.3% chance.\n- Another way to look at it is that 68.3% of historical moves would have fallen under what is measured as a standard deviation.\n- Realized volatility can be applied to any length of time period, and can also be used as a forecast of future \\[realized\\] volatility.\n## Expert: Understanding Realized Volatility\nRealized Volatility is also known as historical volatility (HV). This metric serves to quantify and express how much an asset is moving, whether past, present, or modeled for the future. Since it would be odd to project “historical volatility” for the future, realized volatility is used as an interchangeable term so that it can be forecasted as future RV.\n\nAlthough the mathematical translations are the same, a popular convention is that, unless otherwise specified, HV refers to daily data. Meanwhile, RV is often expressed on a variety of intervals including ultra-short-term analysis, such as on the minute level.\n\nThe meaning of RV mathematically is that it is the square root of variance, which is also the general relation of “volatility” to variance, whether realized or implied. Variance is then calculated by squaring all deviations from the mean, and then averaging them.\n\nThe idea of using mathematical models such as GARCH to forecast RV is to estimate the price that implied volatility (IV) will end up at. Likewise, the options market is continually trying to price in how far IV will move.\n\nThe main idea here in the connection between implied and realized volatility is that the options market is moving IV through imbalances in buying and selling options, and through this auction process, IV is attempting to end up projecting the same range that would match the RV calculation. “In theory, it is the future realized volatility over the life of the option that we need to input into the theoretical pricing model” (Natenberg, 2015, p. 86). But strategically, if IV appears to be overshooting RV, then this creates a tactical premium-selling opportunity. “By selling options at prices lower than theoretical value, a trader creates a positive theoretical edge” (p. 90). And therefore, if IV is undershooting RV on the target timeframe being traded, then, all else equal, there is edge to buy option premium. This way, there can be profit from sharper moves than the options market is pricing in. However, this is only edge and not certainty, and so, like always, risk management and proper sizing is needed to stay safe and avoid unnecessarily heavy losses.\n\n[![SpotGamma-Subscriptions-CTA-Banner-Support-Center.png](https:\/\/support.spotgamma.com\/hc\/article_attachments\/16171810663059)](https:\/\/spotgamma.com\/subscribe-to-spotgamma\/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=SpotGamma.com)[![SpotGamma-Academy-CTA-Banner-Support-Center.png](https:\/\/support.spotgamma.com\/hc\/article_attachments\/16171810668947)](https:\/\/academy.spotgamma.com\/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=Academy)\n\n## Related articles\n- [What is the Realized Volatility index chart?](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBMd1Cf2DToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJSL2hjL2VuLXVzL2FydGljbGVzLzE1MzUwODgxMzI4NDAzLVdoYXQtaXMtdGhlLVJlYWxpemVkLVZvbGF0aWxpdHktaW5kZXgtY2hhcnQGOwhUOglyYW5raQY%3D--184bf958b73e7cfaffa26a080b75827c1bf4cdf9)\n- [0DTE](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBN%2FdPPpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIrL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk4NDYzMDM5MjUxLTBEVEUGOwhUOglyYW5raQc%3D--7ad9433f007ae88e01dc725a445832dd42c22042)\n- [Put Wall](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJOuRs%2FpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIvL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk3ODU2MDU2OTc5LVB1dC1XYWxsBjsIVDoJcmFua2kI--f0d1448f6cfad0ce44010662889af7a92f0b157d)\n- [JPM Collar](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJPgrbybCzoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIxL2hjL2VuLXVzL2FydGljbGVzLzEyNzYzNTEzMzQ4MjQzLUpQTS1Db2xsYXIGOwhUOglyYW5raQk%3D--1b84fd55bb80a11ebef8966c8b8edd4cf94e502d)\n- [SpotGamma SPX Key Levels Statistics](https:\/\/support.spotgamma.com\/hc\/en-us\/related\/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJMLCZ9iHDoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJKL2hjL2VuLXVzL2FydGljbGVzLzMxMjA5OTAwNTQyODY3LVNwb3RHYW1tYS1TUFgtS2V5LUxldmVscy1TdGF0aXN0aWNzBjsIVDoJcmFua2kK--8b01f66e9142322f1f8a4f8d792360daa0134595)","meta_canonical":null}

3. Robots.txt Check

Query:

Response:

4. Spam/Ban Check

Query:

Response:

5. Seen Status Check

ℹ️ Skipped - page is already crawled

📄

INDEXABLE

✅

CRAWLED

29 days ago

🤖

ROBOTS ALLOWED

Page Info Filters

Filter	Status	Condition	Details
HTTP status	PASS	`download_http_code = 200`	HTTP 200
Age cutoff	PASS	`download_stamp > now() - 6 MONTH`	1 months ago
History drop	PASS	`isNull(history_drop_reason)`	No drop reason
Spam/ban	PASS	`fh_dont_index != 1 AND ml_spam_score = 0`	ml_spam_score=0
Canonical	PASS	`meta_canonical IS NULL OR = '' OR = src_unparsed`	Not set

Page Details

Property	Value
URL	https://support.spotgamma.com/hc/en-us/articles/15214902101523-RV-Realized-Volatility
Last Crawled	2026-03-17 10:27:47 (29 days ago)
First Indexed	2024-01-18 11:22:48 (2 years ago)
HTTP Status Code	200
Meta Title	RV (Realized Volatility) – SpotGamma Support Center
Meta Description	Basic Points RV (realized volatility) shows the actual trading range of how much a stock is moving. It is calculated based on...
Meta Canonical	null
Boilerpipe Text	Articles in this section Aggressors AH (After Hours) / Premarket & Postmarket ATM (At The Money) Basis Point Beta Bid/Ask Spread Black Swan Blue Chip Breakeven Price Bubble See more Basic Points RV (realized volatility) shows the actual trading range of how much a stock is moving. It is calculated based on historical movements, and measures the standard deviation, which means about how far it can be expected to move with a 68.3% chance. Another way to look at it is that 68.3% of historical moves would have fallen under what is measured as a standard deviation. Realized volatility can be applied to any length of time period, and can also be used as a forecast of future [realized] volatility. Expert: Understanding Realized Volatility Realized Volatility is also known as historical volatility (HV). This metric serves to quantify and express how much an asset is moving, whether past, present, or modeled for the future. Since it would be odd to project “historical volatility” for the future, realized volatility is used as an interchangeable term so that it can be forecasted as future RV. Although the mathematical translations are the same, a popular convention is that, unless otherwise specified, HV refers to daily data. Meanwhile, RV is often expressed on a variety of intervals including ultra-short-term analysis, such as on the minute level. The meaning of RV mathematically is that it is the square root of variance, which is also the general relation of “volatility” to variance, whether realized or implied. Variance is then calculated by squaring all deviations from the mean, and then averaging them. The idea of using mathematical models such as GARCH to forecast RV is to estimate the price that implied volatility (IV) will end up at. Likewise, the options market is continually trying to price in how far IV will move. The main idea here in the connection between implied and realized volatility is that the options market is moving IV through imbalances in buying and selling options, and through this auction process, IV is attempting to end up projecting the same range that would match the RV calculation. “In theory, it is the future realized volatility over the life of the option that we need to input into the theoretical pricing model” (Natenberg, 2015, p. 86). But strategically, if IV appears to be overshooting RV, then this creates a tactical premium-selling opportunity. “By selling options at prices lower than theoretical value, a trader creates a positive theoretical edge” (p. 90). And therefore, if IV is undershooting RV on the target timeframe being traded, then, all else equal, there is edge to buy option premium. This way, there can be profit from sharper moves than the options market is pricing in. However, this is only edge and not certainty, and so, like always, risk management and proper sizing is needed to stay safe and avoid unnecessarily heavy losses. Related articles What is the Realized Volatility index chart? 0DTE Put Wall JPM Collar SpotGamma SPX Key Levels Statistics
Markdown	[Skip to main content](https://support.spotgamma.com/hc/en-us/articles/15214902101523-RV-Realized-Volatility#main-content) [![SpotGamma Support Center Help Center home page](https://support.spotgamma.com/hc/theming_assets/01HZM0P12X0E46T9Z7G82D2DQ3)](https://www.spotgamma.com/) [ABOUT](https://spotgamma.com/about/ "ABOUT") [SUBSCRIBE NOW](https://spotgamma.com/subscribe-to-spotgamma/ "SUBSCRIBE NOW") [ACADEMY](https://academy.spotgamma.com/ "ACADEMY") FREE RESOURCES [BLOG](https://spotgamma.com/blog/) [FREE TRAINING](https://spotgamma.com/options-education-30-years-30-minutes/) [DEFINITIONS & TERMS](https://support.spotgamma.com/hc/en-us/categories/1500000758601-Glossary) [FAQ & SUPPORT CENTER](https://support.spotgamma.com/) LOGIN [DASHBOARD](https://dashboard.spotgamma.com/) [PORTAL](https://spotgamma.com/portal/) [ACCOUNT](https://spotgamma.com/account/) # SpotGamma Support Center ### Search ![](https://support.spotgamma.com/hc/theming_assets/01HZM0NXZTBKW3FYF2W95ZVEG9) 1. [SpotGamma Support Center](https://support.spotgamma.com/hc/en-us) 2. [Glossary](https://support.spotgamma.com/hc/en-us/categories/1500000758601-Glossary) 3. [Beginner Trading Concepts](https://support.spotgamma.com/hc/en-us/sections/15156136069779-Beginner-Trading-Concepts) ### Articles in this section - [Aggressors](https://support.spotgamma.com/hc/en-us/articles/15213287245459-Aggressors "Aggressors") - [AH (After Hours) / Premarket & Postmarket](https://support.spotgamma.com/hc/en-us/articles/15213310679187-AH-After-Hours-Premarket-Postmarket "AH (After Hours) / Premarket & Postmarket") - [ATM (At The Money)](https://support.spotgamma.com/hc/en-us/articles/15213333919507-ATM-At-The-Money "ATM (At The Money)") - [Basis Point](https://support.spotgamma.com/hc/en-us/articles/15213375330707-Basis-Point "Basis Point") - [Beta](https://support.spotgamma.com/hc/en-us/articles/15213385954835-Beta "Beta") - [Bid/Ask Spread](https://support.spotgamma.com/hc/en-us/articles/15213502539923-Bid-Ask-Spread "Bid/Ask Spread") - [Black Swan](https://support.spotgamma.com/hc/en-us/articles/15213685473939-Black-Swan "Black Swan") - [Blue Chip](https://support.spotgamma.com/hc/en-us/articles/15213702116371-Blue-Chip "Blue Chip") - [Breakeven Price](https://support.spotgamma.com/hc/en-us/articles/15213758435091-Breakeven-Price "Breakeven Price") - [Bubble](https://support.spotgamma.com/hc/en-us/articles/15213786148755-Bubble "Bubble") [See more](https://support.spotgamma.com/hc/en-us/sections/15156136069779-Beginner-Trading-Concepts "See more") # RV (Realized Volatility) ## Basic Points - RV (realized volatility) shows the actual trading range of how much a stock is moving. - It is calculated based on historical movements, and measures the standard deviation, which means about how far it can be expected to move with a 68.3% chance. - Another way to look at it is that 68.3% of historical moves would have fallen under what is measured as a standard deviation. - Realized volatility can be applied to any length of time period, and can also be used as a forecast of future \[realized\] volatility. ## Expert: Understanding Realized Volatility Realized Volatility is also known as historical volatility (HV). This metric serves to quantify and express how much an asset is moving, whether past, present, or modeled for the future. Since it would be odd to project “historical volatility” for the future, realized volatility is used as an interchangeable term so that it can be forecasted as future RV. Although the mathematical translations are the same, a popular convention is that, unless otherwise specified, HV refers to daily data. Meanwhile, RV is often expressed on a variety of intervals including ultra-short-term analysis, such as on the minute level. The meaning of RV mathematically is that it is the square root of variance, which is also the general relation of “volatility” to variance, whether realized or implied. Variance is then calculated by squaring all deviations from the mean, and then averaging them. The idea of using mathematical models such as GARCH to forecast RV is to estimate the price that implied volatility (IV) will end up at. Likewise, the options market is continually trying to price in how far IV will move. The main idea here in the connection between implied and realized volatility is that the options market is moving IV through imbalances in buying and selling options, and through this auction process, IV is attempting to end up projecting the same range that would match the RV calculation. “In theory, it is the future realized volatility over the life of the option that we need to input into the theoretical pricing model” (Natenberg, 2015, p. 86). But strategically, if IV appears to be overshooting RV, then this creates a tactical premium-selling opportunity. “By selling options at prices lower than theoretical value, a trader creates a positive theoretical edge” (p. 90). And therefore, if IV is undershooting RV on the target timeframe being traded, then, all else equal, there is edge to buy option premium. This way, there can be profit from sharper moves than the options market is pricing in. However, this is only edge and not certainty, and so, like always, risk management and proper sizing is needed to stay safe and avoid unnecessarily heavy losses. [![SpotGamma-Subscriptions-CTA-Banner-Support-Center.png](https://support.spotgamma.com/hc/article_attachments/16171810663059)](https://spotgamma.com/subscribe-to-spotgamma/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=SpotGamma.com)[![SpotGamma-Academy-CTA-Banner-Support-Center.png](https://support.spotgamma.com/hc/article_attachments/16171810668947)](https://academy.spotgamma.com/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=Academy) Was this article helpful? Yes No 7 out of 7 found this helpful Have more questions? [Submit a request](https://support.spotgamma.com/hc/en-us/requests/new) [Return to top](https://support.spotgamma.com/hc/en-us/articles/15214902101523-RV-Realized-Volatility#article-container) ## Related articles - [What is the Realized Volatility index chart?](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBMd1Cf2DToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJSL2hjL2VuLXVzL2FydGljbGVzLzE1MzUwODgxMzI4NDAzLVdoYXQtaXMtdGhlLVJlYWxpemVkLVZvbGF0aWxpdHktaW5kZXgtY2hhcnQGOwhUOglyYW5raQY%3D--184bf958b73e7cfaffa26a080b75827c1bf4cdf9) - [0DTE](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBN%2FdPPpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIrL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk4NDYzMDM5MjUxLTBEVEUGOwhUOglyYW5raQc%3D--7ad9433f007ae88e01dc725a445832dd42c22042) - [Put Wall](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJOuRs%2FpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIvL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk3ODU2MDU2OTc5LVB1dC1XYWxsBjsIVDoJcmFua2kI--f0d1448f6cfad0ce44010662889af7a92f0b157d) - [JPM Collar](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJPgrbybCzoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIxL2hjL2VuLXVzL2FydGljbGVzLzEyNzYzNTEzMzQ4MjQzLUpQTS1Db2xsYXIGOwhUOglyYW5raQk%3D--1b84fd55bb80a11ebef8966c8b8edd4cf94e502d) - [SpotGamma SPX Key Levels Statistics](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJMLCZ9iHDoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJKL2hjL2VuLXVzL2FydGljbGVzLzMxMjA5OTAwNTQyODY3LVNwb3RHYW1tYS1TUFgtS2V5LUxldmVscy1TdGF0aXN0aWNzBjsIVDoJcmFua2kK--8b01f66e9142322f1f8a4f8d792360daa0134595) [©2024 TENTEN CAPITAL LLC DBA SPOTGAMMA]() [Futures, foreign currency and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.]() [View Full Risk Disclosure.](https://spotgamma.com/model-faq/disclaimer/)
Readable Markdown	### Articles in this section - [Aggressors](https://support.spotgamma.com/hc/en-us/articles/15213287245459-Aggressors "Aggressors") - [AH (After Hours) / Premarket & Postmarket](https://support.spotgamma.com/hc/en-us/articles/15213310679187-AH-After-Hours-Premarket-Postmarket "AH (After Hours) / Premarket & Postmarket") - [ATM (At The Money)](https://support.spotgamma.com/hc/en-us/articles/15213333919507-ATM-At-The-Money "ATM (At The Money)") - [Basis Point](https://support.spotgamma.com/hc/en-us/articles/15213375330707-Basis-Point "Basis Point") - [Beta](https://support.spotgamma.com/hc/en-us/articles/15213385954835-Beta "Beta") - [Bid/Ask Spread](https://support.spotgamma.com/hc/en-us/articles/15213502539923-Bid-Ask-Spread "Bid/Ask Spread") - [Black Swan](https://support.spotgamma.com/hc/en-us/articles/15213685473939-Black-Swan "Black Swan") - [Blue Chip](https://support.spotgamma.com/hc/en-us/articles/15213702116371-Blue-Chip "Blue Chip") - [Breakeven Price](https://support.spotgamma.com/hc/en-us/articles/15213758435091-Breakeven-Price "Breakeven Price") - [Bubble](https://support.spotgamma.com/hc/en-us/articles/15213786148755-Bubble "Bubble") [See more](https://support.spotgamma.com/hc/en-us/sections/15156136069779-Beginner-Trading-Concepts "See more") ## Basic Points - RV (realized volatility) shows the actual trading range of how much a stock is moving. - It is calculated based on historical movements, and measures the standard deviation, which means about how far it can be expected to move with a 68.3% chance. - Another way to look at it is that 68.3% of historical moves would have fallen under what is measured as a standard deviation. - Realized volatility can be applied to any length of time period, and can also be used as a forecast of future \[realized\] volatility. ## Expert: Understanding Realized Volatility Realized Volatility is also known as historical volatility (HV). This metric serves to quantify and express how much an asset is moving, whether past, present, or modeled for the future. Since it would be odd to project “historical volatility” for the future, realized volatility is used as an interchangeable term so that it can be forecasted as future RV. Although the mathematical translations are the same, a popular convention is that, unless otherwise specified, HV refers to daily data. Meanwhile, RV is often expressed on a variety of intervals including ultra-short-term analysis, such as on the minute level. The meaning of RV mathematically is that it is the square root of variance, which is also the general relation of “volatility” to variance, whether realized or implied. Variance is then calculated by squaring all deviations from the mean, and then averaging them. The idea of using mathematical models such as GARCH to forecast RV is to estimate the price that implied volatility (IV) will end up at. Likewise, the options market is continually trying to price in how far IV will move. The main idea here in the connection between implied and realized volatility is that the options market is moving IV through imbalances in buying and selling options, and through this auction process, IV is attempting to end up projecting the same range that would match the RV calculation. “In theory, it is the future realized volatility over the life of the option that we need to input into the theoretical pricing model” (Natenberg, 2015, p. 86). But strategically, if IV appears to be overshooting RV, then this creates a tactical premium-selling opportunity. “By selling options at prices lower than theoretical value, a trader creates a positive theoretical edge” (p. 90). And therefore, if IV is undershooting RV on the target timeframe being traded, then, all else equal, there is edge to buy option premium. This way, there can be profit from sharper moves than the options market is pricing in. However, this is only edge and not certainty, and so, like always, risk management and proper sizing is needed to stay safe and avoid unnecessarily heavy losses. [![SpotGamma-Subscriptions-CTA-Banner-Support-Center.png](https://support.spotgamma.com/hc/article_attachments/16171810663059)](https://spotgamma.com/subscribe-to-spotgamma/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=SpotGamma.com)[![SpotGamma-Academy-CTA-Banner-Support-Center.png](https://support.spotgamma.com/hc/article_attachments/16171810668947)](https://academy.spotgamma.com/?utm_source=ZenDesk&utm_medium=Button&utm_campaign=ZenDesk&utm_content=Academy) ## Related articles - [What is the Realized Volatility index chart?](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBMd1Cf2DToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJSL2hjL2VuLXVzL2FydGljbGVzLzE1MzUwODgxMzI4NDAzLVdoYXQtaXMtdGhlLVJlYWxpemVkLVZvbGF0aWxpdHktaW5kZXgtY2hhcnQGOwhUOglyYW5raQY%3D--184bf958b73e7cfaffa26a080b75827c1bf4cdf9) - [0DTE](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCBN%2FdPPpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIrL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk4NDYzMDM5MjUxLTBEVEUGOwhUOglyYW5raQc%3D--7ad9433f007ae88e01dc725a445832dd42c22042) - [Put Wall](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJOuRs%2FpDToYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIvL2hjL2VuLXVzL2FydGljbGVzLzE1Mjk3ODU2MDU2OTc5LVB1dC1XYWxsBjsIVDoJcmFua2kI--f0d1448f6cfad0ce44010662889af7a92f0b157d) - [JPM Collar](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJPgrbybCzoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSIxL2hjL2VuLXVzL2FydGljbGVzLzEyNzYzNTEzMzQ4MjQzLUpQTS1Db2xsYXIGOwhUOglyYW5raQk%3D--1b84fd55bb80a11ebef8966c8b8edd4cf94e502d) - [SpotGamma SPX Key Levels Statistics](https://support.spotgamma.com/hc/en-us/related/click?data=BAh7CjobZGVzdGluYXRpb25fYXJ0aWNsZV9pZGwrCJMLCZ9iHDoYcmVmZXJyZXJfYXJ0aWNsZV9pZGwrCBPG1X7WDToLbG9jYWxlSSIKZW4tdXMGOgZFVDoIdXJsSSJKL2hjL2VuLXVzL2FydGljbGVzLzMxMjA5OTAwNTQyODY3LVNwb3RHYW1tYS1TUFgtS2V5LUxldmVscy1TdGF0aXN0aWNzBjsIVDoJcmFua2kK--8b01f66e9142322f1f8a4f8d792360daa0134595)
Shard	12 (laksa)
Root Hash	7079851185035467612
Unparsed URL	com,spotgamma!support,/hc/en-us/articles/15214902101523-RV-Realized-Volatility s443