 What's going on everybody? This is Giovanni from spy options trading. We're done with the holidays everybody I hope everybody had an awesome time with friends family loved ones I know I did but also I was extremely busy During the holidays in the property management world. It was the busiest time of the year So I was extremely busy. I hardly got an opportunity to actually watch the markets live From time to time I would sneak in and and and and sort of just see the market action and whatnot But I had no time to actually watch the markets live until today. I didn't place a trade today So instead of you know, just showing you a boring trading day where I didn't place a trade I thought I would talk to you about an indicator that I came across that is The most intriguing indicator I've ever came across it's intriguing because It's the most objective Indicator I've ever seen by objective. I mean It's the same and it doesn't matter whether you're looking at the daily charts the 15 minute 30 minute 10 minute 5 minute all the way down to the one minute chart It's all the same what I mean by that is on the one minute chart It could be a value of say just one and it's one regardless if it's you're looking at the five minute ten minute hour Daily, it's the strangest indicator. I've ever seen along with being the strangest indicator. I've ever seen I have Researched it and I can't seem to come across a good explanation for what it is. I I don't know I don't know what it is and Mainly because it is so objective and because there's not much information out there That leads me to believe that I should look more into it The indicator that I'm talking about is the implied volatility indicator and when I mean by that is I'm not talking about implied volatility Dealing with options directly. I'm talking about implied volatility the Indicator you can find it on thinkorswim. It's you can look it up under. I am P for implied volatility I am P volatility you it's a lower indicator below the chart much like you would see the MAC DR sideline stuff like that, but It's so weird nobody seems to understand Exactly how it's calculated You can find formulas as to how implied volatility is Calculated but as the indicator I can't find any information about it. It's so strange and Also, it's strange because it doesn't matter whether Price is moving up or down that indicator will move up or down I don't get it. I don't I can't seem to understand how it's working much like the let's just say the Sarcastic's indicator. It's a momentum Indicator using past history. It'll take let's say the last 14 candles and It'll give you an indication as to In relation to those last 14 candles where price is whether it's trading in the upper part of the 14 last 14 candles or the lower part or or in the middle implied volatility isn't like that It's strange. I can't even begin to explain to you how fascinated I am by this one indicator And it just leads me to believe that I need to really look deeper into this indicator Incorporate into my day to my day trading. I think That it's sort of justifying the price movements. I think I don't know exactly What I mean by that in a nutshell. I think that I mean that when the price is moving up Is there enough volume to justify that move up and then vice versa when the price is moving down? Is there Volume justifying that move down. That's the best thing I've been able to come up with in the last month or so Maybe a little bit longer since I've actually come across this indicator And I've held it for so long because I just I don't I don't understand it And I've been trying to do some research into how it works how I can use it to my benefit when day trading. I Can't find it anywhere. I've googled it many many times Maybe I'm overlooking it. Maybe I'm just thinking too hard and maybe it's just right there So if anybody has any information about this implied volatility indicator, I'm I'm literally talking there's a difference there implied volatility as You know when we talk about options trading directly It makes sense and I'm able to find tons and tons of tons of information about implied volatility when it comes to pricing options and Options trading but implied volatility as an indicator when we're looking at stocks or ETFs underlying securities. I Can't find anything about it. Nobody's talking about it Please if you find a video or something You know link it down in the description below comment down below your thoughts Maybe your insights on on this implied volatility indicator I just wanted to bring that to everybody's attention to all my subscribers on my viewers that implied volatility is something very important in in my Opinion I think it's very important because it's so objective No matter what time frame you're looking at and because there's very limited information out there on the Internet like just think about that Something that's so objective and there's very little information about it. It just it's so Just mind-blowing like it's so weird, right? It's why why aren't people looking at implied volatility? Indicator I don't know your guess is as good as mine. I'm ignorant when it comes to this sort of thing I don't know enough. I don't have enough information. I don't have enough knowledge when it comes to Trading in general, so I'm very ignorant. So I apologize for that But thank you so much everybody for watching my videos all the support. I've been getting tons of emails In what not to see, you know where I am and you know my still training of course I'm still training, but I just haven't had enough time to today trade, but I'm at it again I'm been trying to hone down on this implied volatility indicator that I just want to figure it out like it's so weird. I Know I'm a broken record. I've said this so many times throughout this video that it's so intriguing to me But it's worth looking into everybody if you haven't yet subscribe please to my channel I would appreciate it greatly good trading information here on my channel And I also show you my day trades as they happen good or bad Thank you so much everybody for watching. Don't forget to like and share my videos comment down below What you thought about this video? I would greatly appreciate it. See you again next time