KO an IV pop on the rocks
chart shows the divergence between RSI and implied volatility on the chart both are at extreme levels. pattern is a rising wedge. easy short on a liquid stock. IV at an extreme. expansion will result in price drop but a multiplier for put options. enjoy. im in feb 8 $49 p for $.18
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.