REZI trade idea receipt

REZI is a neutral volatility setup, where the trade is built around price staying inside the planned range rather than making a large directional move. The suggested iron condor uses the current stock price near $24.24 with a planned lower boundary near $0.59 and upper boundary near $47.89, so the thesis depends on price remaining inside that range. Supporting factors include IV rank 58% (elevated vs 1-year history), ATM IV 144.9% vs realized 121.1%, and front/next IV ratio 3.688 (event premium in term structure). Because this is a time-sensitive idea over roughly 24 hours, it should be sized carefully and revisited if price moves through the risk level or the supporting flow fades.