First Trust BuyWrite Income ETF
First Trust BuyWrite Income ETF (FTHI) Implied Volatility Current
FTHI implied volatility is 12%. IV Rank is 4%, placing current premiums in the bottom of their 52-week range.
Read more
Tracking FTHI implied volatility helps you identify when options premiums on First Trust BuyWrite Income ETF are historically cheap or expensive, and where the best trades are hiding. First Trust BuyWrite Income ETF implied volatility reflects the market's expectation of future price movement: when FTHI IV rises, option premiums increase, creating opportunities for sellers, and when it drops, buyers can find cheaper contracts. Use our scanner to monitor First Trust BuyWrite Income ETF's implied volatility current levels in real time and filter for high-probability trades.
Implied volatility is derived from option prices using models like Black-Scholes and represents the annualized expected move of an underlying stock. For FTHI, tracking metrics like FTHI IV rank helps traders understand whether current implied volatility is historically high or low. IV rank compares today's reading against the past year's range — a high rank on FTHI signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.
The Fund's primary investment objective is to provide current income. The Fund's secondary investment objective is to provide capital appreciation. The Fund will pursue its objectives by investing in equity securities listed on U.S. exchanges of all market capitalizations and by utilizing an "option strategy" consisting of writing (selling) U.S. exchange-traded covered call options on the Standard & Poor's 500 Index (the "Index"). Under normal market conditions, the Fund invests primarily in equity securities listed on U.S. exchanges of all market capitalizations. The Fund will also employ an option strategy in which it will write U.S.
exchange-traded covered call options on the Index in order to seek additional cash flow in the form of premiums on the options that may be distributed to shareholders on a monthly basis. A premium is the income received by an investor who sells or writes an option contract to another party. The market value of the option strategy may be up to 20% of the Fund's overall net asset value.
Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where FTHI implied volatility sits today versus where it has been. Our scanner ranks First Trust BuyWrite Income ETF implied volatility against its historical range, surfaces extremes in FTHI IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether First Trust BuyWrite Income ETF IV is rich or cheap — measure it, then act on it.
Implied Volatility
IV is compressed vs the past year - options are relatively cheap, favoring buyers.
As of September 18, 2026
Trade options with IV on your side
Track FTHI IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.
Start your 14-day free trial→