Each cell represents a market sector, colored by the selected metric. Darker green = higher implied volatility โ more favorable conditions for selling covered calls. โ May 30, 2026
The IV Sector Heatmap aggregates implied volatility data across all covered call candidates in our universe and groups them by GICS sector. Each cell shows the average IV rank, raw IV, and annualized yield for that sector on the current trading day.
IV Rank measures where the current implied volatility sits relative to its 52-week range (0โ100). A rank above 50 generally signals elevated premiums โ favorable conditions for selling calls. Switch to Avg Yield mode to see which sectors are actually translating high IV into the best annualized returns for covered call writers.
Click any sector cell to open its dedicated screener page and browse individual covered call opportunities ranked by our CCL Score.