Daily Brief — Mar 25: High IV Rank Stocks Today Are Nowhere to Be Found
**Meta description:** High IV rank stocks today: CRM leads at 45 as cloud names sell off hard. Zero stocks above 50 IV Rank despite bearish breadth. GEX levels and setups inside.
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# Daily Brief — Mar 25: High IV Rank Stocks Today Are Nowhere to Be Found
**ZS** down 7.6%, **SNOW** down 6.5%, **MARA** down 6.5% — and not a single stock in our universe carries an IV Rank above 50. The options market is watching this selloff and shrugging.
## Market Volatility Regime: VIX and Term Structure
Breadth is decisively bearish: 20 advancers against 29 decliners, average change of -1.19%. Technology is leading the damage at -1.82% on the session while Consumer Discretionary holds up at +0.76%. The average implied volatility rank across all tracked names sits at 27 — firmly in the lower third of the historical range. Realized vol is running hotter than what the options market is pricing, particularly in the names taking the heaviest hits. For anyone screening for stocks with high implied volatility, today's answer is stark: there aren't any, at least not by IV Rank standards.
SPY GEX remains strongly positive at $64.4B with the flip strike at 660 and a put wall at 655. Positive gamma means dealer hedging dampens directional moves — selloffs get absorbed, not amplified. **QQQ** is thinner at $2.5B total GEX with the flip at 610 and the put wall compressed to 585. If the Qs are trading below that 610 flip, dealers are short gamma on the Nasdaq, which aligns with the heavier tech selling. Monitor these levels on the [GEX dashboard](/tools/gex-dashboard).
## Top IV Rank Setups Today
Even with IV Ranks universally below 50, the [full IV Rank screener](/tools/iv-rank-screener) surfaces pockets worth tracking.
**CRM** tops the board at IV Rank 45 with current IV of 44.8% and an IV percentile of 83. That percentile-rank divergence — moderate IV Rank but 83rd percentile — suggests CRM's vol has been compressing from elevated levels and remains rich relative to most of the past year. Not screaming for premium sellers, but the closest thing to an elevated setup today.
**DASH** (IV Rank 43, IV 57.3%) and **RBLX** (IV Rank 42, IV 66.3%) carry above-average implied vol with percentiles in the 70s-80s. RBLX at 66.3% current IV with a 2.6% decline is pricing continued downside risk. **SNOW** sits at IV Rank 42, but the 6.5% drawdown could push its rank higher by tomorrow's close — worth monitoring for a move toward premium-selling territory.
**ZS** is the most interesting developing setup: down 7.6% with IV Rank at 40 but IV percentile at 92. Options are more expensive than 92% of trading days, yet the rank is only 40 because ZS's 52-week IV range is wide. A move this sharp could push ZS into genuinely elevated IV Rank territory by end of week. Check the [earnings calendar](/tools/earnings-calendar) for reporting dates before sizing any position.
## GEX Regime and Key Levels
**TSLA** at $383.03 sits below its GEX flip strike of 387.50 — negative gamma territory. The put wall at 380 is the nearest dealer-supported level. A reclaim of 387.50 would flip the gamma regime positive and re-engage the mean-reverting dynamics that favor range-bound strategies, with the call wall at 390 capping upside.
**AAPL** at $251.64 is pinned near its flip strike at 252.50, with the put wall at 250 and call wall at 255. A tight $5 dealer-defended range — textbook positive-gamma compression favoring narrow intraday movement.
## What to Watch Today
The gap between realized and implied vol in cloud and cyber is the developing theme. If selling in ZS, SNOW, and **DDOG** continues, IV Ranks will reprice higher — and that is when premium-selling setups with statistical edge emerge. Until IV Rank crosses 50, the data favors patience over positioning.