GOOD CONDITIONS
VIX above average, SPY mild pullback, IV above average
October 23, 2026
VIX at 20.0 (above average) 路 SPY -0.57% (mild pullback) 路 Avg IV Rank 47% 路 Avg yield 3.5%
Combines 5 market factors: VIX level, VIX trend, IV rank, SPY trend, and premium yield. Updated daily at market open.