IV and Vega screener for NSE options volatility intent
The IV Vega Screener normalizes implied-volatility direction and Vega direction against each symbol's intraday baseline, then ranks the universe by whether the two agree. Presets cover confirmed price participation, aligned flow, elite high-conviction impulses, bullish and bearish directional reads, broad expansion, compression and internal divergence.
Because IV moves can be pricing artifacts and Vega moves can be positioning artifacts, agreement between the two is treated as the cleaner volatility signal. The Elite Impulse preset further demands liquidity support so thin contracts do not dominate the ranking.
Workflow: start from Elite Impulse for the highest-conviction aligned names, relax to Aligned Flow for a wider list, and use the Divergence screen as a pre-trade check — if a candidate shows diverging IV and vega scores, the volatility signal behind the idea is internally inconsistent and deserves a second look.
What does the IV Vega Screener rank?
It ranks symbols where the normalized IV direction score and the normalized Vega direction score move together from the intraday baseline, treating agreement between the two as cleaner volatility intent than either reading alone.
Why combine IV and Vega instead of watching IV alone?
IV without Vega can be a pricing artifact, and Vega without IV can be a positioning artifact. Requiring both to agree filters false positives that a single-metric scan produces.
What is the difference between the confirmed and aligned screens?
Aligned Flow requires IV and Vega direction scores to agree from baseline. Price Confirmed additionally requires the underlying to have moved the same way, so the volatility impulse already has price participation.
When is the divergence screen useful?
Divergence lists symbols where the IV and Vega scores disagree. It is mainly a tool for avoiding trades where the volatility signal is internally inconsistent.
Related JustTicks tools: Implied Volatility Analysis, Vega Analysis, IV Dashboard
IV Vega Screener FAQ
What does the IV Vega Screener rank?
It ranks symbols where the normalized IV direction score and the normalized Vega direction score move together from the intraday baseline, treating agreement between the two as cleaner volatility intent than either reading alone.
Why combine IV and Vega instead of watching IV alone?
IV without Vega can be a pricing artifact, and Vega without IV can be a positioning artifact. Requiring both to agree filters false positives that a single-metric scan produces.
What is the difference between the confirmed and aligned screens?
Aligned Flow requires IV and Vega direction scores to agree from baseline. Price Confirmed additionally requires the underlying to have moved the same way, so the volatility impulse already has price participation.
When is the divergence screen useful?
Divergence lists symbols where the IV and Vega scores disagree. It is mainly a tool for avoiding trades where the volatility signal is internally inconsistent.