{"slug":"when-to-adjust-a-short-straddle","qid":"iv_compare","label":"iv_compare","post_title":"when-to-adjust-a-short-straddle","post_url":"/blog/lang/te/when-to-adjust-a-short-straddle#q-iv_compare","columns":["symbol","atm_iv_pct","straddle_delta_per_move"],"rows":[{"symbol":"NVDA","atm_iv_pct":37.9,"straddle_delta_per_move":0.197},{"symbol":"AAPL","atm_iv_pct":27,"straddle_delta_per_move":0.274},{"symbol":"KO","atm_iv_pct":20.5,"straddle_delta_per_move":0.348},{"symbol":"QQQ","atm_iv_pct":19.7,"straddle_delta_per_move":0.359},{"symbol":"IWM","atm_iv_pct":16.8,"straddle_delta_per_move":0.406},{"symbol":"SPY","atm_iv_pct":11.8,"straddle_delta_per_move":0.551}],"shape":"ranking","sql":"SELECT\n    underlying_symbol                                           AS symbol,\n    round(avg(implied_volatility) * 100, 1)                     AS atm_iv_pct,\n    round(avg(gamma) * avg(toFloat64(underlying_close)) * 0.02, 3) AS straddle_delta_per_move\nFROM global_markets.options_greeks\nWHERE underlying_symbol IN ('SPY', 'QQQ', 'IWM', 'AAPL', 'NVDA', 'KO')\n  AND date >= today() - 90\n  AND iv_converged = 1\n  AND volume > 0\n  AND days_to_expiry BETWEEN 2 AND 9\n  AND abs(toFloat64(strike_price) / toFloat64(underlying_close) - 1) < 0.01\nGROUP BY underlying_symbol\nORDER BY atm_iv_pct DESC","computed_at":"2026-09-25T15:20:51.031511+00:00","elapsed":0.748887738}