Cantonese Cat
12-07

$IREN

Time to start looking at this momentum beast again...

Odds increasing we'll see a squeeze in this one as it sits on 24% short interest! Printed a Double Bottom formation after the price got sliced in half since late October highs.

Targets $55 and $60 

How to Profit from IV Crush in Earnings Season?
During earnings season, IV Crush refers to the sharp decline in implied volatility (IV) after a company's earnings report. Before earnings, IV rises due to uncertainty about the outcome, causing option prices to increase. After the earnings release, this uncertainty dissipates, leading to a rapid drop in IV. This decline impacts options prices, often causing them to decrease even if the stock price moves favorably. ----------------- How to take advantage of IV crush in earnings season? Share your experiences!
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