User clarified the real entry signal: not just high IV, but IV
higher than HV — that's what makes premium "rich" relative to
realized vol and gives the mean-reversion edge for premium sellers.
Changes:
- New IV/HV column (was already computed server-side as r.ivHv but
not displayed). Colored cheap/fair/rich/very-rich. Sortable.
- New EDGE composite badge in the Flags cell: lights green when
IV Rank ≥ 60 AND IV/HV ≥ 1.20 — premium expensive in own history
AND not justified by what stock is actually doing.
- Summary row gains an "EDGE setups" count card.
- Page header copy reworked to explain the three richness signals
(IV Δ%, IV Rank, IV/HV) and why the composite EDGE flag matters.
Live test confirms the discrimination: INTC / AAPL / NVDA flag as
EDGE; TSLA (high IV/HV but low Rank — its normal regime) and SPY /
COIN (IV/HV high because realized vol is unusually quiet, not
because IV is rich) are correctly excluded.
Co-Authored-By: Claude Sonnet 4.6 <noreply@anthropic.com>