RV/IV VARIANCE RISK PREMIUM + IMPLIED DISPERSION

Edge #10 of 10-engine institutional roadmap. VIX vs realized vol, single-name VRP, basket dispersion gap. Goldman vol-desk methodology.
SPY VRP (vol pts)
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VIX 30d (IV)
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SPY 21d RV (YZ)
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Signal Strength
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Implied basket corr
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Realized basket corr
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Dispersion gap (real-imp)
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Per-name vol breakdown

Ticker IV (CBOE) RV Parkinson RV Yang-Zhang VRP (IV - RV) Basket
IV is CBOE 30d ATM single-name VIX from FRED. RV is annualized 21-day realized vol from FMP OHLC.

Top IV-Rich (sell vol candidates)

TickerVRP (vol pts)IVRV

Top IV-Cheap (buy vol candidates)

TickerVRP (vol pts)IVRV

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Historical episodes

DateRegimeSPY fwd 60dNote