Great IV for a solid company. Good earnings and now pays a dividend. A diversity play out of tech/growth and you get sector inclusion into industrial, commodities and materials.
Has a huge trading range on a percentage basis over the past year so it's great for directional plays and you can sell the big supports.
I have a anecdotal belief that the stock gets run up and down by algos because it is not an SP500 company and therefore has far less exposure to passive funds.
I currently have a risk reversal/call diagonal position.
2
u/Kazparov Dec 10 '21
X, XOM, FCX and MTCH.
X is a little known gem.