The Implied Volatility Open Interest (IV*OI) Indicator by MenthorQ combines two critical metrics: Implied Volatility (IV) and Open Interest (OI), to identify strong market reaction zones.
High IV*OI values at specific strike prices signal significant market interest and potential for price movement. When integrated with Q-Levels and Blind Spot Levels, this indicator offers a powerful tool for pinpointing support and resistance levels, allowing traders to make more informed and strategic decisions.
