Roaring Kitty files a SEC 13G for CHWY: Sell Call or Put on High IV?
BREAKING: Keith Gill aka Roaring Kitty aka DeepFuckingValue of $GameStop(GME)$ GameStop fame files a SEC 13G for $Chewy, Inc.(CHWY)$ , Chewy for 9,001,000 shares, or 6.6% of the company. He identifies in the SEC filing as “not a cat”.
From the options chain, we can the Implied volatility is over 100%, seems high for both side.
A good time to Sell call or Sell put to earn premiums?
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