Multi-Strike IV (Implied Volatility) lets you compare how IV changes across multiple option strikes over time for a selected underlying and expiry.
Each selected strike appears as a separate IV line, helping you compare volatility behaviour across strikes and identify where IV is expanding or contracting.
Multi-Strike IV chart
You can use the chart to:
- Compare ATM and OTM IV behaviour
- Track changes in volatility skew
- Observe IV expansion or compression
- Compare relative IV levels across multiple strikes
The chart updates based on the selected expiry, time period, and resolution.
Steps to access Multi-Strike IV
On FYERS App
- Log in to the FYERS App.
- Tap Options from the bottom menu.
- Under Tools, select Analytics.
- Under Implied Volatility, tap Multi-strike IV.
- Select the required Expiry, Resolution, and strikes.
You can change the resolution using the Resolution selector at the bottom.
On FYERS Web
- Log in to FYERS Web.
- Click Options.
- Open Analytics.
- Under Implied Volatility, select Multi-strike IV.
- Choose the Underlying, Expiry, Time period, Resolution, and strikes you want to compare.
What If...
| Scenario | What you should know |
|---|
| A strike is not visible | Ensure the strike belongs to the selected expiry and check whether the option has sufficient liquidity. Reduce the number of selected strikes if needed. |
| IV lines appear flat or overlap | Change the resolution, view a shorter time window, or compare fewer strikes for better clarity. |
Last updated: 17 Aug 2026