Nitin Sir, Kindly reply on these questions asked above. I am also having same observations. I saw almost all videos and live streaming of IV on the YouTube channel but did not find any answer. The import question is when we observe the IV and find its correlation with NIFTY, there is no definite pattern, I could observe. Sometimes it give some spikes and then it cools down in next 5-10 minutes. Overall it seems rangebound. What is the entry and exit criteria basis on this ? Thanks in advance