First Trust Financials AlphaDEX Fund
First Trust Financials AlphaDEX Fund (FXO) Implied Volatility Current
FXO's 30 day implied volatility is 25.77%, with an IV Rank of 66.27%. This is an average IV Rank versus the past year, meaning First Trust Financials AlphaDEX Fund options are fairly priced and currently offer no clear edge to buyers or sellers. FXO's 30 day historical volatility sits at 16.90%, which means implied volatility is running 8.87 points above historical volatility, as of Nov 5, 2026.
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Tracking FXO implied volatility helps you spot when First Trust Financials AlphaDEX Fund options are historically cheap or expensive, and where the best trades are hiding. When FXO IV rises, premiums increase and sellers get more attractive pricing, and when it drops, buyers find cheaper contracts. Use our scanner to monitor FXO implied volatility current levels in real time and filter for high probability trades.
Implied volatility is derived from option prices and represents the annualized expected move of a stock. Tracking FXO IV rank helps you see whether FXO's implied volatility is historically high or low, since IV rank compares today's reading against the past year's range. A high rank signals relatively expensive premiums and tends to favor sellers, a low rank signals relatively cheap premiums and tends to favor buyers.
The First Trust Financials AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Financials Index.
Implied Volatility
IV is slightly elevated. Premiums are richer, leaning toward sellers.
As of Nov 5, 2026
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