First Trust Long/Short Equity ETF

FTLSAMEX · USD
76.65USD0.00 (+0.89%)

First Trust Long/Short Equity ETF (FTLS) Implied Volatility Current

FTLS implied volatility is 8%. IV Rank is 4%, placing current premiums in the bottom of their 52-week range.

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Tracking FTLS implied volatility helps you identify when options premiums on First Trust Long/Short Equity ETF are historically cheap or expensive, and where the best trades are hiding. First Trust Long/Short Equity ETF implied volatility reflects the market's expectation of future price movement: when FTLS 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 Long/Short Equity 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 FTLS, tracking metrics like FTLS 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 FTLS signals rich premiums and potential mean-reversion, while a low rank may favor long options strategies.

The Fund's investment objective is to seek to provide investors with long term total return. The Fund intends to pursue its investment objective by establishing long and short positions in a portfolio of Equity Securities.

Premium sellers, directional traders, and spread builders all need the same starting point: a clear read on where FTLS implied volatility sits today versus where it has been. Our scanner ranks First Trust Long/Short Equity ETF implied volatility against its historical range, surfaces extremes in FTLS IV rank, and pairs every reading with the trades that exploit it. Stop guessing whether First Trust Long/Short Equity ETF IV is rich or cheap — measure it, then act on it.

Implied Volatility

IV Rank
3.97%IV Rank
Low

IV is compressed vs the past year - options are relatively cheap, favoring buyers.

Implied Volatility (30d)8.05%

IV Rank3.97%

Historical Volatility (30d)6.09%

IV - HV+1.96%

As of September 17, 2026

Trade options with IV on your side

Track FTLS IV rank across every expiration, spot where volatility is elevated, and identify high-probability setups before the window closes.

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