IV Rank. IV rank measures where current implied volatility stands in relation to the range it has been in for a given period of time. The max rank is 100 and the minimum rank is 0. For example, suppose the past four IV readings were 20, 22, 35 and 40.
plural labors. Learner's definition of LABOR. 1. a : physical or mental effort : work. [noncount] A day's labor should get the job done. Getting the job done will require many hours of difficult labor. menial/manual labor.
DEFINITION of 'Skilled Labor'. A segment of the work force with a high skill level that creates significant economic value through the work performed (human capital). Skilled labor is generally characterized by high education or expertise levels and high wages.