First Trust Indxx Innovative Transaction & Process ETF

LEGRNASDAQ · USD
66.07USD0.00 (+0.33%)

First Trust Indxx Innovative Transaction & Process ETF (LEGR) Implied Volatility Current

LEGR implied volatility is 12%. IV Rank is 19%, placing current premiums in the bottom of their 52-week range.

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

The First Trust Indxx Innovative Transaction & Process ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Indxx Blockchain Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks and depositary receipts that comprise the Index. The Index is designed to track the performance of companies that are either actively using, investing in, developing, or have products that are poised to benefit from blockchain technology and/or the potential for increased efficiency that it provides to various business processes.

The index seeks to include only companies that have devoted material resources to the use of blockchain technologies. The Index is owned and is developed, maintained and sponsored by Indxx, Inc. (the "Index Provider").

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

Implied Volatility

IV Rank
19.44%IV Rank
Low

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

Implied Volatility (30d)12.36%

IV Rank19.44%

Historical Volatility (30d)11.20%

IV - HV+1.16%

As of September 25, 2026

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

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