IV Rank & Percentile XVI (S&P/ASX200 VIX)Most IV Rank and IV Percentile indicators on TradingView are built for the US VIX. This one is built specifically for XVI — the S&P/ASX 200 VIX (A-VIX) — so Australian index traders, and anyone trading XJO options, finally get the same volatility context without borrowing a US proxy. It reads straight off the published XVI value, so there's no option-chain reconstruction or estimation involved.
The core idea:
XVI is the ASX's "fear number" — the implied volatility of the XJO, the market's esti
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