High IV Rank Stocks Today: NOW Hits 76 as Consumer Discretionary Leads Bullish Tape

# High [IV Rank screener](https://voledge.io/iv-rank) Stocks Today: NOW Hits 76 as Consumer Discretionary Leads Bullish Tape

*Meta: High IV rank stocks today: NOW at 76, RBLX at 68, MSFT at 65. Breadth runs 38:10 bullish with avg IV Rank at 40. [GEX dashboard](https://voledge.io/dashboard/gex) levels and vol setups inside.*

Breadth ran 38 up / 10 down into Friday's close with average IV Rank across the watched universe at 40 — a bullish tape where the edge in selling premium narrows to a handful of names. Today's high IV rank stocks list is led by **NOW** at 76, with **RBLX** at 68 and **MSFT** at 65 rounding out the top three on the implied volatility rank screener.

## Market Volatility Regime: VIX and Term Structure

VIX today and term structure readings aren't in the current snapshot, so the regime call leans on universe-level IV Rank and sector breadth. Average IV Rank at 40 is moderate — not elevated — with 10 of 49 tracked names above 50. Consumer Discretionary led at +1.97% and Technology at +1.38%, consistent with a risk-on session rather than a vol-expansion regime.

On the GEX side, **AAPL** (270.23) is trading above its 265 flip and **TSLA** (400.62) is sitting above its 380 flip — both in positive-gamma territory, which typically dampens intraday ranges and favors mean reversion around the call and put walls.

## Top IV Rank Setups Today

**NOW** tops the options volatility screener at IV Rank 76 with 30-day IV also at 76.0%. Without an [earnings calendar](https://voledge.io/dashboard/earnings) or event marker in today's feed, a reading this elevated on a software name is worth a second look — either a single-name catalyst is being priced in, or the premium is rich relative to the last year's range. Credit structures have the strongest statistical edge when IV Rank is above 60 with no imminent event; cross-check against the [earnings calendar](/tools/earnings-calendar) before sizing.

**RBLX** (IV Rank 68, IV 91.7%) and **MSFT** (IV Rank 65, IV 45.2%) round out the top three. RBLX's absolute IV is the outlier — 91.7% is high even for its realized-vol profile, which typically shows up ahead of a fundamental catalyst or after a position-heavy flow day. MSFT's 45.2% is less extreme absolutely but ranks in the top percentile of its own history — the kind of stocks-with-high-implied-volatility setup where defined-risk credit spreads are better compensated than naked short premium.

The auto pair is the sector-rotation tell. **F** prints IV Rank 64 with IV at 41.2% (price +3.6% on the day) and **GM** runs IV Rank 59 at IV 44.4%. When two names in the same cyclical group appear adjacent on the screener with no index-level vol expansion behind them, the options market is pricing sector-specific risk. **META** at IV Rank 57 with IV 50.7% is the mega-cap event proxy; that 30-day IV historically reflects earnings-season premium.

## GEX Regime and Key Levels

Dealer positioning is positive-gamma across the four names with full snapshots. **SPY** shows total GEX at 550.6B with the flip strike at 711 and the call wall stacked at 711 — an unusual configuration where flip and wall converge, which tends to act as a sharp cap rather than gradual resistance. **QQQ** sits at 757.6B with the flip at 640, max gamma at 649, and put wall at 650. **AAPL** is trading above its 265 flip with 290.5B net GEX concentrated at the 270 strike — a textbook pin. **TSLA** is the one to watch: the 400 strike shows net GEX of -22.9B against a call wall at 405, a structure that pins price in the 400–405 band until flow overrides it. Full strike-level GEX levels today are in the [GEX dashboard](/tools/gex-dashboard).

## What to Watch Today

The tape is bullish but aggregate vol is moderate — the edge today lives in single-name setups, not index-level trades. Track **NOW** and **RBLX** for news that explains the elevated IV; absent a catalyst, the premium is likely mean-reverting. On indices, watch whether SPY holds the 711 wall on any push higher and whether TSLA can break the 400/405 pin on flow. Start the session by pulling the [full IV Rank screener](/tools/iv-rank-screener) and cross-checking setups against upcoming events.

## Related Reading

- [Gamma Exposure Explained: GEX Market Structure Report — Apr 16, 2026](https://voledge.io/blog/gamma-exposure-explained-gex-market-structure-report-apr-16-2026) - [High IV Rank Stocks Today: NOW, MSFT, RBLX Lead the Screener](https://voledge.io/blog/high-iv-rank-stocks-today-now-msft-rblx-lead-the-screener)